SUBJECT: NEW GERMAN BOND (ANLEIHE, OBLIGATION) ISSUE FOR ESKOM

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Creator

John Lind; CANICCOR Research

Place Created

San Francisco, California, United States

Date

March 20, 1990

Type of Item

Memorandum

Length/duration

1 page

Description

Memorandum to Ecumenical Partners reports on John Lind's recent discussions with bankers that suggest that South Africa will try to "roll over" one-third of its bonds coming due in 1990 and 1991. Reprint of a newspaper article, "S African utility issues German bond," by Stephen Fidler about South Africa's Electricity Supply Commission (ESCOM) is included. Lind asks people to write to Walter Seipp, Chairman of the Board, Commerzbank AG urging the bank not to participate in such refinancing. Paragraph 7.2 of World Council of Churches Consultation on South Africa in Harare, Zimbabwe in February 1990 can be cited as a reason for your request. The memorandum mentions Deutsche Marks (DM), sanctions,...

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Publisher

CANICCOR Research

Organization

CANICCOR Research

Coverage Africa

South Africa

Language

English

Digital Format

text/pdf

Rights Management

Used by permission of John E. Lind, CANICCOR Research.

Collection

Miloanne Hecathorn papers, Michigan State University Library Special Collections