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March 24, 1995| Times Staff and Wire Reports

Mexico Seeks New Terms on Bank Loans: The country is trying to modify plans for a $3-billion commercial bank loan, part of a $50-billion foreign aid package to bolster its economy, government officials said. The Mexican government said the country would like to use the bank loans to help its domestic banking system meet dollar obligations, transforming short-term borrowings into medium-term debt. The money had originally been intended to help Mexico meet bond obligations. But with about $48 billion in other credits available for that purpose, the bank funds are apparently no longer essential.

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