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Codelco, Chile's state-owned copper miner, said it plans to borrow US$300 million to refinance debt.(Chile)(Brief Article)


CODELCO, Chile's state-owned copper miner, said it plans to borrow US$300 million to refinance debt. Codelco said it chose ABN AMRO, Banco Bilbao Vizcaya Argentaria and Bank of Tokyo Mitsubishi as lead arrangers of the five-year loan, which carries a spread of 25 basis points over the London Interbank Offered Rate.

COPYRIGHT 2004 Freedom Magazines, Inc. Reproduced with permission of the copyright holder. Further reproduction or distribution is prohibited without permission.

Copyright 2004, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

NOTE: All illustrations and photos have been removed from this article.


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