Mexico's commercial bank financing package. (includes related article on International Monetary Fund and bank support for debt reduction): An article from: Finance & Development |  | Author: Mohamed A. El-erian
Brand: The Gale Group
Category: Book
Buy New: $5.95
Format: Html
Media: Digital
Pages: 7
ASIN: B00091PY1A
Publication Date: September 1, 1990
Availability: Available for download now
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Product Description
This digital document is an article from Finance & Development, published by International Monetary Fund on September 1, 1990. The length of the article is 1843 words. The page length shown above is based on a typical 300-word page. The article is delivered in HTML format and is available in your Amazon.com Digital Locker immediately after purchase. You can view it with any web browser.
From the supplier: Mexico reached an agreement with its international commercial bank creditors on a complicated debt reduction and financing package. The bank package is the most important factor in the financing plan for the country's medium-term growth-oriented program supported by an arrangement under the International Monetary Fund and by World Bank project and sector loans. Mexico provided bank creditors with payment guarantees for all principal obligations on converted bonds, and a rolling guarantee for a portion of the interest stream. The package provides the country with cash flow relief, a rescheduling of the debt principal, and interest relief.
Citation Details
Title: Mexico's commercial bank financing package. (includes related article on International Monetary Fund and bank support for debt reduction)
Author: Mohamed A. El-Erian
Publication: Finance & Development (Magazine/Journal)
Date: September 1, 1990
Publisher: International Monetary Fund
Volume: v27 Issue: n3 Page: p26(2)
Distributed by Thomson Gale
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