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BREAKING NEWS
Cristian Espinosa was appointed Ambassador of Ecuador to the United States
Daniel Noboa receives the credentials of the new United States ambassador
40,000 women will receive scholarships in higher education
Julian Assange released from prison, after agreement with the United States
Armed Forces: Criminal gangs have lost USD 1.2 billion due to military operations in Ecuador
Minister of Defense: “It is not fair that some risk their lives, while others play with justice”
How can green banana flour enhance baked goods?
“I’m crazy for wanting to serve my country,” says Daniel Noboa at the presentation of “La Cárcel del Encuentro” in Santa Elena
Construction of the Encuentro maximum-security prison in Santa Elena begins
National blackout in Ecuador due to transmission line failure, confirms the Government

Ecuador Will Use Financial Bonds

Posted On 10 Feb 2012

Pedro Delgado

After four years of absence, the Ecuadorian authorities plan to re-financed through bonds, reported Analisis Digital weekly.

The central bank president, Pedro Delgado said he “is in talks with Hamilton Financial, Lazard Ltd and Clifford Chance to structure a bond sale” this year.

According to Efrain Vieira, president of Biess, the goal is to issue $ 200 million in international markets, and he is already in talks with Citigroup, Credit Suisse, MorganStanley and Deutsche Bank for placement.

The bonds would be backed up by 400 million in commercial paper of domestic companies and subsidiaries of multinationals.

(MS)

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