He agreed to pay the bond lenders 14 percent interest, roughly 50 percent more than he had projected
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read your own post Trump did not even have to do this....now move on to your next screen name I am on to you on this one and will pass on.......
You really need to read the articles. What that line is saying is that when Trump was raising money for his business, he initially presented that he would not need to use junk bonds. However, the reality is that he did have to resort to junk bonds in order to raise the money he needed. And subsequently FAILED to pay the amount of money he promised.