Bloomberg News

CAF Grants Argentina a $765 Million Loan for Highway Work

November 29, 2011

Nov. 29 (Bloomberg) -- The Corporacion Andina de Fomento, the Andean development lender known as CAF, approved a $765 million loan for Argentina, the country’s Planning Ministry said in an e-mail statement.

The loan will be used to finance projects related to work on a national highway, especially in the western province of Mendoza, according to the statement.

--Editor: Robert Jameson

To contact the reporter on this story: Eliana Raszewski in Buenos Aires at eraszewski@bloomberg.net

To contact the editor responsible for this story: Joshua Goodman at jgoodman19@bloomberg.net


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