Chinga'o - Unexpected Audit Results for Northern and Southern Corridors


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Authored by: Anonymous on
Friday, March 05 2010 @ 02:30 PM UTC
It would be interesting -- and informative -- if we learned how much Interest Exp the two roads are paying on the refinancing debt they issued about 2006. That debt - bonds sold in the Panama exchange -- was proposed to be used to repay the original investment in the roadways, pay off the then-existing loans to construct the roads, plus a large cash cushion for the two entities. |
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