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$5.5 bn loan consistent with debt management strategy
The Debt Management Office, DMO, has said that the proposed $5.5 billion loan comprised $2.5 billion new borrowing and USD3 billion for refinancing, noting that the latter is purely a portfolio restructuring activity that would not result in any increase in the public debt. The DMO in a statement on Thursday, said the $2.5 billion new borrowing through Eurobonds to …
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