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French Bank Loans National Railroad US$20 Million For Modernization Projects

LADB Article ID: 057855
Category/Department: General
Date: Wednesday, March 24, 1993
By: Carlos Navarro

The French bank Paribas on March 17 approved a loan of 100 million francs (about US$20 million) to Mexico's state- owned railroad, Ferrocarriles Nacionales (FERRONALES). Loan funds will be used for expansion and modernization projects planned th...

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