The initial terms of the financing called for the Firm to repay the debts over roughly 10 years, according to one person involved.
By way of example, consider a loan of 1000000 at 10% repaid over 20 years.
The debts are repaid over 30 years, mostly through a package of dedicated state taxes.
In 2003, the town approved a $6.4 million bond issue, to be repaid over 30 years.
In 2000, the bank gave Enron $150 million to be repaid over two years.
The loan must be repaid over 3 to 10 years, he said.
The remaining $25.5 million will be repaid, with interest, over 15 years, the company said.
The college will repay the bonds over 30 years.
The justices said the county could repay the utilities over five years.
One is for $2 million, to be repaid over five years with no interest.