For example, the new loan may start out at a lower interest rate.
Now only 10 percent of its new loans are made at that level.
The new loans raised the foreign debt to $3,074 million.
However, he said, the total interest on the new loan would be only $64,314.
But even these new loans show signs of changed economic times.
Large companies, over all, do not seem to be having trouble getting new loans.
Do you take out a new loan before the old one is paid off?
Do you take out a new loan to pay off the old one?
The deal also provides Mexico with $1.5 billion in new loans over four years.
Value can include a new loan or an old debt.