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BRIEFLY

Cuba missed some payments on bank loans.

July 11, 1986

Banking sources in London said the Caribbean 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 repayments to commercial banks on Monday. Although bankers had expected that Cuba would not make principal payments totaling $16 million, they had expected to receive about $3 million in interest.

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