FRENCH RAILWAYS DEBT
CONVERSION
PARIS, December 28,
The entire internal debt of the French railways, totalling £20,000,000. and bearing interest of from 4£ to G£ per cent, is beioag converted to 4 per cent. with the assistance of French and Dutch bankers. A new loan is being issued at 95, repayable in 30 years.
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Bibliographic details
Evening Post, Volume CXXVI, Issue 155, 29 December 1938, Page 8
Word Count
54FRENCH RAILWAYS DEBT Evening Post, Volume CXXVI, Issue 155, 29 December 1938, Page 8
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