PANAMA CITY (Reuters) – Panama’s government has closed a 1.2 billion euros ($1.29 billion) loan with a two-year maturity with a subsidiary of Bank of America, the Economy Ministry said a statement on Thursday. The ministry indicated that the financing, which will be disbursed in its dollar equivalent, was authorized on Friday. ($1 = 0.9269 […]
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Panama closes 1.2 billion-euro loan with Bank of America subsidiary
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PANAMA CITY (Reuters) – Panama’s government has closed a 1.2 billion euros ($1.29 billion) loan with a two-year maturity with a subsidiary of Bank of America, the Economy Ministry said a statement on Thursday.
The ministry indicated that the financing, which will be disbursed in its dollar equivalent, was authorized on Friday.
($1 = 0.9269 euros)
(Reporting by Elida Moreno; Writing by Aida Pelaez-Fernandez; Editing by Sandra Maler)