None of the short-term debt is held by the Government.

Some $15 billion in private short-term debt is due this month.

They also accumulated $1.7 billion in short-term debt around this time.

Proceeds from the sale would be used to pay down about $2.2 billion in short-term debt.

Total short-term debt is widely believed to exceed $150 billion.

And companies took on short-term debt to pay for construction.

The company needs about $200 million to cover its short-term debt.

This also limited its access to short-term debt called commercial paper.

Delta added that the money might also be used to reduce short-term debt.

The sales have helped clear almost all of the company's short-term and long-term debt.