Nile River System: The longest river in the world (flows north), rising from the highlands of southeastern Africa and running about 4,160 miles (6,693 km) in length, to then drain in the Mediterranean Sea.In simple terms it's a series of dams, rapids, streams, swamps, tributaries and waterfalls.overing almost one-third of the continent, the Sahara is the largest desert in the world at approximately 3,500,000 sq. miles (9,065,000 sq. km) in total size.
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By Rob Renaud AAA |. A: Companies issue bonds to finance operations. Most companies can borrow from banks, but view direct borrowing from a bank as more restrictive and expensive than selling debt on the open market through a bond issue.The costs involved in borrowing money directly from a bank are prohibitive to a number of companies.In the world of corporate finance, many chief financial officers (CFOs) view banks as lenders of last resort because of the restrictive debt covenants that banks place on direct corporate loans.s a result, companies are more likely to finance operations by issuing bonds than by borrowing from a bank. For more further reading, see Debt Reckoning and Corporate Bonds: An Introduction To Credit Risk. For more about bonds, see Bond Basics Tutorial and Advanced Bond Concepts.