VOL. XXXVIII
NO. 33
15-MAY-1995
Financial and Banking News
Public Finance
London Club Creditors Agree To Reschedule $3.2Bn Of Algerian Debt
Commercial banks under the auspices of the London Club have agreed inprinciple to reschedule $3.2bn of Algerian debt owed to them until 1997 overvarying periods up to 2010, according to a statement issued last week on behalfof Algeria and the Steering Committee, which comprises two Japanese banks, twoArab banks, a French bank and a US bank, as well as a...
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