CMPC signs credit line

CMPC signs credit line

Chile Loans

Chile's CMPC secured up to $400m in revolving credit from four lenders, LatinFinance has heard.MUFG granted the 3.5-year loan, joined by Export Development Canada (EDC), Santander and Scotiabank. EDC provided between $100m and $250m for the purchase of Canadian goods and services, a spokesperson for the export credit agency (ECA) said.CMPC did not provide details of the loan. The Santiago-based pulp and paper company is expected to use the loan to improve liquidity.CMPC last month issued $5

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