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The big picture: After realizing the upswing in consumer spending would level off post-pandemic, retailers like Walmart and Macy's began paying down debt, rating analysts say.—Richard Collings, Axios, 4 Nov. 2024 Because the building has diminished in value, Trump would also have to be willing to pay down his existing mortgage with cash and to take out a smaller loan.—Paula Aceves, Curbed, 31 Oct. 2024 Rather than pay down the debt with cash, the Trump Organization opted to refinance.—Dan Alexander, Forbes, 30 Oct. 2024 While the exact terms of the deal—or the company’s new valuation—were not disclosed, a Sotheby’s spokesperson said that $800 million of the cash injection has been earmarked for paying down the auction house’s $1.65 billion long-term debt.—Daniel Cassady, ARTnews.com, 30 Oct. 2024 See all Example Sentences for pay down
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