Panama Finalizes €1.2 Billion Loan Deal with Bank of America

Image Credit: Reuters

Panama's government has secured a loan of 1.2 billion euros ($1.29 billion) with a two-year maturity from a subsidiary of Bank of America, according to a statement from the Economy Ministry on Thursday. The ministry stated that the financing, to be disbursed in its dollar equivalent, was approved on Friday.

 

 

 

 

Paraphrasing text from "Reuters" all rights reserved by the original author