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NotiCen PDF file 1990 right arrow Feb

Costa Rica To Buy Back 60% Of Debt Owed To Foreign Commercial Banks At 16% Of Face Value

LADB Article ID: 071267
Category/Department: General
Date: Friday, February 9, 1990
By: Deborah Tyroler

In January, Costa Rica's foreign commercial bank creditors removed clauses obstructing the government's purchase of debt in the secondary market. On Jan. 12, Central Bank president Eduardo Lizano said that the 240 bank creditors agreed to drop r...

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