107
CYPHER/CAT A
PRIORITY HONG KONG
TELEGRAM NO. EXCED 70
CONFIDENTIAL
TO EXPORT CREDITS GUARANTEE DEPARTMENT
1 APRIL 1969
CONFIDENTIAL
FOR COTTERILL FROM HANNAM,
MIPT. WHEN I RECEIVED MY COPY OF JOHN MARDEN'S LETTER OF MARCH
29 I NOTICED THAT THERE WAS NO REFERENCE TO THE TERM OF THE LOAN.
I HAVE QUESTIONED BROTHERS ABOUT THIS AND FIND THAT THIS WAS
AN ERROR CAUSED BY THE RUSH OF GETTING THE LETTER INTO ROBARTS
HANDS BEFORE HE TOOK OFF FOR LONDON. THE COMPANY'S PROPOSALS.
FOR THE REPAYMENT OF THE LOAN ARE AS FOLLOWS:-
QUOTE THE LOAN WILL BE REPAYABLE IN STERLING IN LONDON BY 14
CONSECUTIVE HALF-YEARLY INSTALMENTS SEMI COLON THE FIRST 42
MONTHS AFTER THE COMMENCEMENT OF THE CONTRACT AND THE LAST
120 MONTHS AFTER THE COMMENCEMENT OF THE CONTRACT. UNQUOTE
SIR D. TRENCH
EXCED DISTRIBUTION HONG KONG DEPT.
AAAAA
CONFIDENTIAL
+
LAST
REF.
NEXT
REF.
7טי.