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CSFB invests US$100 million in Banco General Notes

Credit Suisse First Boston is to buy up to US$100 million-worth of Notes issued by BG Receivables LLC, a special purpose vehicle set up to securitise Visa and MasterCard Receivables generated by Banco General, SA, the second-largest Panamanian bank. The first tranche of the deal closed on February 22.

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