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Brazil: Citicorp President Says Debt Restructuring Likely Within Four Months

ISSN:1060-4189
LADB Article ID: 069978
Category/Department: General
Date: Tuesday, August 14, 1990
By: Barbara Khol

According to the Aug. 12 issue of O Estado de Sao Paulo, Citicorp president John Reed said that within four months a restructuring of the government's $3.5 billion debt with the bank was likely. Outstanding loans to Brazil total $3.5 billion, ma...

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