Sessional Paper No. 04 of 1985 on Kenya Government Guarantee of Credit to Kenya Airways Limited by a Consortium of European Banks Led by Midland Bank Public Limited Company as Agent

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Government of Kenya

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The Government proposes to guarantee a loan of United States Dollars amounting to hundred million (US $100,000,000) equivalent to approximately Kenya shillings one billion and six hundred million (Kshs.1600m) to be made available to Kenya Airways Limited by a consortium of European Banks led b Midland Bank Plc in United Kingdom, Banque Indosuez in France and Dresdner Bank in West Germany.

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Loan Guarantee, Development Finance, Aviation Industry, Infrastructure Expansion, Kenya

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