Q: Wachovia Bank is quoting to AAA-rated Weyerhaeuser Inc. a U.S.-based exporter of newsprint an
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Q: Wachovia Bank is quoting to AAA-rated Weyerhaeuser Inc. – a U.S.-based exporter of newsprint – an interest rate of 6 percent for discounting with recourse $25 million of 90-day A/R from Mexico-based La Prensa. Wachovia typically adds a 150-basis-point country risk premium for trade transactions originating from Mexico. How much financing will Weyerhaeuser receive?
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