Bloomberg News

Entel Signs $200 Million Loan With Tokyo-Mistubishi, Scotiabank

December 07, 2011

Dec. 7 (Bloomberg) -- Empresa Nacional de Telecomunicaciones SA, Chile’s second-largest mobile telephone operator, signed a $200 million loan with Bank of Tokyo- Mitsubishi UFJ Ltd. and a unit of Bank of Nova Scotia, according to an e-mailed statement.

The company will use the proceeds for the early payment of $200 million of an outstanding $600 million loan due in June 2012, the statement said.

--Editor: Richard Richtmyer

To contact the reporter on this story: Sebastian Boyd in Santiago at sboyd9@bloomberg.net

To contact the editor responsible for this story: David Papadopoulos at papadopoulos@bloomberg.net


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