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Swiss firm offers $20bn to enter infrastructure bond market

•Sends ‘letter of intent’ to ICRC Mediterranean Consulting Company (MCC) S.A. (Switzerland) on Tuesday wrote the Infrastructure Concession Regulatory Commission (ICRC) of its readiness to acquire up to $20 billion 25 years notes in form of certificate of deposits (CDs), bond or medium term notes (MTNs) under its debt financing and collateral trading programme over a 10-month period starting from June 1, 2010. The expression of interest provides an unexpected ally for the ICRC in its bid to ...
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Added June 02, 2010
from Businessday Nigeria