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BRIEFLY

Cuba missed some payments on bank loans.

July 09, 1986

Banking sources in London said the Latin American country, which is currently seeking to reschedule about $100 million in loans that are due this year to western creditors, failed to make $3 million in interest payments to commercial banks on Monday. Although bankers had expected Cuba would not make the principal payments totaling $16 million, they had expected to receive about $3 million in interest.

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