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The Treasury secretary, Paul H. O'Neill, said that he supported additional financial aid for Brazil, which needs billions of dollars to help it meet its debt payments.
Mirant stated in its bankruptcy filing that it could meet its debt load obligations, but it just couldn't meet the maturity schedule of debt coming due.
payments to Argentina would be accelerated to assure that it could meet its debt obligations for the months to come.
Servicing its public debt — which is more than twice the size of its economy — has also pressured Japan's finances, though the finance ministry says it can meet its debt obligations without the bond issuance bill.
Terra Firma, the private equity firm that owns EMI, is confident it will meet its debt obligations to Citigroup into next year, forestalling a default by the music company, according to two people with knowledge of the matter.
[C5.] Cable Company Overstated Sales Charter Communications, the struggling cable company, said that it had overstated sales and cash flow back to 2000, but investors were relieved that Charter said it would meet its debt interest payments.
Charter Communications said on Tuesday it had overstated sales and cash flow back to 2000, but investors were relieved the struggling No. 3 cable TV company said it would meet its debt interest payments.
The company's shares dropped earlier Friday on concerns it might not meet its debt covenants.
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LONDON — The British government was forced on Wednesday to seek new ways to revive the sputtering economy after acknowledging for the second time in three months that it would take longer than expected to meet its debt-reduction target.
The fact that a region like Catalonia cannot meet its debt-financing obligations "is the big problem in this country at the moment," Mr. Rajoy said Tuesday.
Very soon, the IMF has to decide whether to go ahead with the next tranche of a loan to Argentina, which the government badly needs to meet its debt-repayment commitments this month.
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