HOFO 050/20
RR FCO
GR 80
CONFIDENTIAL
COMMERCIAL IN CONFIDENCE
FM HONG KONG 200855Z JAN 84
TO ROUTINE FCO
TELEGRAM NUMBER 161 OF 20 JANUARY
20948
[NOT PASSED BY C.O.D.T
PLEASE PASS THE FOLLOWING MESSAGE TO MR A.D. LOEHNIS OF THE
BANK OF ENGLAND FROM DOUGLAS BLY, SECRETARY FOR MONETARY AFFAIRS.
1983 BRAZILIAN FINANCING PLAN.
I HAVE RECEIVED A FURTHER COMMUNICATION FROM THE SHANGHAI
COMMERCIAL BANK LTD. THE PARAGRAPH IN WHICH YOU WILL BE
INTERESTED READS AS FOLLOWS:
1
**WE WISH TO ADVISE THAT WE HAVE NOW AGREED TO PARTICIPATE IN
THE SAID BRAZILIAN FINANCIAN PLAN 1983 AND COMMITTED OURSELVES
TO THE EXTENSION OF OUR FACILITY BY 11 PERCENT IN ADDITION TO THE EXISTING ONE. IN THIS RESPECT, WE HAVE ACCORDINGLY INFORMED THE APPROPRIATE AGENT BANKS AS WELL AS BANCO CENTRAL DO BRAZIL
OF OUR INTENTION''.
YOUDE
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