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Eurocommercial Paper

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Eurocommercial Paper
An unsecured, short-term loan issued by a bank or corporation in the international money market, denominated in a currency that differs from the corporation's domestic currency.

Notes:
For example, if a U.S. corporation issues a short-term bond denominated in Canadian dollars to finance its inventory through the international money market, it has issued eurocommercial paper.


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These percentages are for all issues rated by Moody's, including Eurocommercial paper and foreign domestic programs (Jerome S.
Rating $150 million Eurocommercial paper program A-1 $90.
Since 1993, Grupo Protexa has been successful in obtaining financing through 25 issues of Eurocommercial paper for a cumulative amount of $382 million, of which to date only 3 issues remain outstanding, totaling $69 million.
 
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