1. French banks today agreed to roll over Korean debt due tomorrow until the end of January, according to Societe Generale, following the lead of other foreign banks. 2. Russia desperately needs money to help meet interest payments on government debt due this year. 3. While South Korea has enough cash to repay debts due by the end of next week, it is likely that its banks would default in January. 4. Moscow needs the money to pay off older debts due this year to the IMF and avoid a potentially disastrous default. 5. Russia needs the money to pay off old debts due this year to the fund, and avoid a potentially disastrous default. 6. Without disclosing the value of the transaction, the company said the sale proceeds covered its foreign debt due this year, according to the report. 7. Petlars in debt due this month. |