Last Updated September 15, 2002
WestLB ITCF Forfaiting has completed a US$50mn 720-day trade-related promissory note facility for Banco Nacional de Comercio Exterior SNC, Mexico (Bancomext). The facility has been priced at floating six-month Libor plus 0.50% per annum all-inclusive and will be utilised by Mexico's government-owned development bank to finance import and export trade activities.
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