IGCP, E.P.E. announces that it has completed the first tranche of early repayment of Portugal’s IMF loan facility.
The total repayment of SDR 5.108 billion was made over three dates, 13, 16 and 18 March, and represents 22 per cent of Portugal’s SDR 22.942 billion IMF loan facility.
These repayments discharge all scheduled IMF principal repayment obligations that were originally to fall due from November 2015 to October 2017.
IGCP, E.P.E., March 19, 2015 |