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