Telebras (TBH) & Brazil Message Board

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Strategies & Market Trends : Telebras (TBH) & Brazil

TBH 1.170

+6.4%

Nov 12 3:59 PM EST

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To: Tony van Werkhooven who wrote (12193)	1/21/1999 6:34:00 PM
From: Steve Fancy	Read Replies (1) of 22640

Brazil says it will honor foreign debt obligations Reuters, Thursday, January 21, 1999 at 16:16 BRASILIA, Jan 21 (Reuters) - Crisis-torn Brazil will honor its foreign debt obligations, including upcoming Eurobond payments owed by rebel Minas Gerais state, the Finance Ministry said Thursday. The ministry also said in a statement that it would take the necessary legal measures to ensure the country's states upheld agreements to pay their debts to the federal government.

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