Regulatory Alerts2013-12-09 | RESOLUCION DE DIRECTORIO Nº 180/2013Added · Updated
Board Resolution No. 180/2013
The Board of Directors of the Central Bank of Bolivia approves an extraordinary concessional loan of Bs 332,747,250 to the San Buenaventura Sugar Company (EASBA) to finance productive investment and operational expenses. The loan carries a 20-year term with a four-year grace period on principal, an annual interest rate of 0.64%, and is guaranteed by non-negotiable Treasury Bonds issued by the Ministry of Economy and Public Finance. EASBA is authorized to contract this credit under the terms established by Law No. 396, and the Bank's President is empowered to execute the corresponding contract.
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