VOL. XXXII
NO. 22
6-MARCH-1989
Financial and Banking News
LOANS AND ISSUES
Algeria Borrows $630mn
Reflecting its status as a model patient for the International MonetaryFund's tough prescriptions, Algeria has become a bankable prospect again, andhaving recently completed a $380mn financing deal with Spain is raising a further $250mn from the euromarket. At the end of February the Spanish Governmentsigned a protocol which guaranteed $130mn worth of medium-term lines of credittied to the purchase of...
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