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Liberty Loans

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Liberty Loans

Internal loans raised in the USA during World War I. There were four separate issues of these loans during the war, and after the armistice a fifth, known as the Victory Liberty Loan. The American people subscribed about $24,000 million, and nearly one-quarter of the population of the country became owners of this scrip.
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While the majority of the Liberty loans will be used to redeem maturing debt, Fitch anticipates that some cash will remain for working capital purposes.
Fitch: Liberty Media's Ratings Remain on Rating Watch Negative by Business Wire
 
 
 
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