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CVRD Mulls Loan Upsize

Dec 21, 2006

Commitments are due this week for CVRD's $5 billion two-tranche pre-export loan, part of the takeout of an $18 billion financing for the acquisition of Inco. The deal via ABN AMRO, Credit Suisse, Santander and UBS had almost $10...

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"[While] it’s good to build more infrastructure and increase investment, you have to be conscious about the macro effects of too big an increase in domestic demand, including of course public expenditure."

Julio Velarde, Peru central bank


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