Bank Approves $381M To Refinance ICE Debt

December 14, 2007

The Costa Rican Electricity Institute (ICE) could see a rise in cash flow for investments in infrastructure, thanks to a loan approved last week by the Inter-American Development Bank (IDB).

The bank will make a $381 million loan, meant to refinance part of the debt that has burdened the national power and telecom institution.

 

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