BRASILIA -- A majority of creditors have agreed to reconsider options on how to restructure Brazil's medium-term and long-term commercial bank debt, Citibank said.

The government of Brazil and Citibank, as closing agent, said they received enough responses to Brazil's request for a "rebalancing of options" to determine that the request had been met. The six options are part of Brazil's 1992 financing plan.

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