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INEPAR GROUP.


INEPAR GROUP, of Brazil, is consolidating its subsidiary, Iridium iridium (ĭrĭd`ēəm), metallic chemical element; symbol Ir; at. no. 77; at. wt. 192.22; m.p. about 2,410°C;; b.p. about 4,130°C;; sp. gr. 22.55 at 20°C;; valence +3 or +4.  Brasil, into Inepar Telecom, its holding for telecommunications investments. The new entity will finance operations The execution of the joint finance mission to provide financial advice and guidance, support of the procurement process, providing pay support, and providing disbursing support.See also financial management.  by issuing US$239 million in convertible debentures Convertible Debenture

Any type of debenture that can be converted into some other security.

Notes:
For example, a convertible bond can be converted into stock.
. Inepar Telecom will also control northeastern, fixed-line operator Tele Norte Leste, which operates under the name Telemar, as well as B Band cellular operator Global Telecom.
COPYRIGHT 1999 Freedom Magazines, Inc.
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1999, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Latin Trade
Date:Jul 1, 1999
Words:58
Previous Article:THE GOVERNMENT OF BRAZIL.
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