VOL. XXXII
NO. 5
7-NOVEMBER-1988
Financial and Banking News
INTERNATIONAL BANKING
Venezuela Raises New Money, Brazil Clears Arrears
Two hopeful signs for the future of international lending emerged last week,with the revelation that Venezuela was negotiating to borrow $1bn worth of newmoney and that Brazil had completed a financing package which will allow it toclear all its arrears with commercial bank creditors.
For Venezuela, Bank of America and Salomon Brothers are acting as agents toplace a...
Please log in to read the rest of this story.
You may purchase access to entire
MEES digital archives by subscribing.
This subscription gives you access to all the content of MEES digital archives up to 1978!