Codelco, Chile's state-owned copper miner, said it plans to borrow US$300 million to refinance debt.
CODELCO CODELCO Corporacion Del Cobre-Chile , Chile's state-owned copper miner, said it plans to borrow US$300 million to refinance debt. Codelco said it chose ABN AMRO ABN AMRO Algemene Bank Nederland-Amsterdam Roterdam Bank (Dutch bank) , 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 London Interbank Offered Rate
A short-term interest rate often quoted as a 1,3,6-month rate for U.S.dollars. .
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