Noble Group loaned $ 1 billion to Petroecuador, according to Bloomberg

The American unit of the Noble Group Americas loaned $ 1 billion on September to the state public oil company of Ecuador, Petroecuador, according to documents gathered in the U.S. by Bloomberg. This debt was transformed into notes (bonds or stocks) traded that Noble then sold to...

CAF approves $ 296 million loan for Ecuador

The Development Bank of Latin America (CAF for its Spanish acronym) has approved two loans totaling $ 296 million in favor of Ecuador. According to yesterday´s reports of the body´s office in Quito. “$ 176 million were approved for the New Educational Infrastructure Program...