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WEDNESDAY, JULY 21, 1976
* GUARANTEE A STERLING LOAN FACILITY OF 8 MILLION POUNDS TO
FINANCE CONTRACTS PLACED IN THE UNITED KINGDOM,
THE FINANCIAL SECRETARY ADDED THAT THE BULK OF THE FINANCE ASSOCIATED WITH SPECIFIC CONTRACTS HAD NOW BEEN ARRANGED AND THE CORPORATION WAS NOT AT PRESENT PLANNING FURTHER MEDIUM TERM FOREIGN CURRENCY LOANS.
+HOWEVER, I EXPECT THAT, FROM TIME TO TIME, THE CORPORATION WILL ARRANGE LONGER TERM FINANCE IN HONG KONG DOLLARS AND FOREIGN CURRENCIES IN SUBSTITUTION FOR SOME OF ITS EXISTING SHORTER TERM FACILITIES AND THUS FURTHER AMENDMENTS TO THE SCHEDULE TO THE RESOLUTION OF OCTOBER 23, 1975 WILL BE NECESSARY,+ HE SAID.
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