Banks Begin Disbursing New Loans to Argentina, Wall Street Journal, December 1, 1983.

 

According to Citibank, a leader of an Argentine debt advisory group, International Bankers began disbursing a $500 million dollar loan to Argentina. It is the first part of a $1.5 billion loan for Argentina, delayed by several months because of legal technicalities and Argentina’s failure to meet banker’s demands that they pay overdue interest. Lenders had agreed to relax some of their demands, leading to the release of the funds.

 

Peter Siegesmund