Restructuring iHeartMediaâ??s $21 billion in debt isnâ??t getting any easier for Chief Executive Bob Pittman. A senior lender to the countryâ??s largest radio station owner told The Post on Wednesday he would prefer the San Antonio company goes bankrupt than take Pittmanâ??s latest restructuring offer. The creditor, who is not typically seen as an activist, said his debt, now trading at 73 cents on the dollar, could fetch 90 cents in a bankruptcy.