Business Services Industry
Chile: Cristalerias de Chile took out US$100mil loan.
South American Business Information, September, 2000
Cristalerias de Chile took out a US$100mil syndicated loan to back Metropolis Intercom's acquisition. Cristalerias' subsidiary Cordillera Comunicaciones purchased a 40% stake in the cable television operatorand also its fiber optics cable network. The deal was worth US$270mil, of which US$250mil to be paid in the short term - the 40% stake costed US$125mil. Cordillera Comunicaciones now holds 100% in Metropolis Intercom.
Copyright (c) 2000, SABI, all rights reserved.
Source: El Diario Page: 6 Date: August 30, 2000 Country: Chile Product: Cable Television Systems Company: Cristalerias Chile ; Cordillera Comunicaciones ; Metropolis Interecom Event: Acquisitions & Mergers SABI (South American Business Information)
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