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Codelco Expected to Mandate Loan

Aug 2, 2007

Blue chip Chilean copper producer Codelco is reviewing pitches for a $400m syndicated loan and bankers expect it to announce early next week the winner and structure. Tenors of 4-7 years are heard and bankers...

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There is performance risk that the market is going to have to evaluate and assess. I think that is very healthy for the market because that will enable us to finance a much wider range of projects.

Luis Fernando Andrade, Colombian National Infrastructure Agency


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