VOL. XXXIV
NO. 6
12-NOVEMBER-1990
Financial and Banking News
Loans & Issues
Credit Lyonnais and BNP Hold Key to Algerian $2bn Debt Restructuring
Algeria has won widespread support from international bankers for its plansto raise $2bn in commercial finance and then buy out its short-term debt, butprogress has been delayed while Credit Lyonnais and Banque Nationale de Paris (BNP)- the two key creditor banks - decide how they want to see the deal structured.The idea of refinancing Algeria's debt -...
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