ITV's debt stands near £450m, with no major repayments due to banks until 2015, but it is not clear if management are willing to make such a commitment.
If Primedia misses, it will not be in jeopardy -- it has about $220 million in cash and unused credit lines, and there is no major debt repayment until June 2004.
But with a major Eurobond repayment due in 2013, the priority is to reduce the current account deficit, which stands at 12.6% of GDP, and to generate foreign exchange.
Greece faces a major debt repayment deadline in July, which it may not be able to make, raising the possibility of another round of high-stakes brinksmanship.
ramped up the pessimism when he voiced doubt that Congress would do anything before Puerto Rico's next major debt repayment deadline on July 1.
It also signaled funding problems were unlikely to be an issue: it expects to have 5.5 billion euros ($6.9 billion), in available credit lines at the end of 2008, and faces major debt repayments only in 2012.
The M.T.A. argues, however, that long-term debt repayments for major projects make sense because the new lines will be in use for decades.
The OPDA remained under Ottoman political control, and its existence even enabled the Ottomans to add to the debt at the annual rate of £3 million throughout the reign of Abdülhamid; nor was the burden of repayments a major drain on the country's resources.
This conforms to a priori expectations and also agrees with results from Olomola (2002), who noted that amount of loan borrowed was a major determinant of loan repayments.
A Treasury Department spokesman said the bank's repayment represented a major step in removing the government from the banking sector.
