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Politics : PRESIDENT GEORGE W. BUSH
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To: Ted Downs who wrote (103410)12/6/2000 4:23:43 PM
From: swisstrader  Read Replies (1) of 769667
 
"They didn't allow that 450 million line to expire it was not renewed."

I am talking about ANOTHER debt Armstrong had failed to repay...$50 million of commercial paper. The failure to pay the debt set in motion a default clause on a $450 million credit facility, set to expire in October 2003, that Armstrong had hoped to rely on.
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