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Article: Vitro Signs Securitized Credit Facility.
- Article from:
- Business Wire
- Article date:
- August 15, 2001
CopyrightCOPYRIGHT 2001 Business Wire. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Business Editors
GARZA GARCIA, N.L. Mexico--(BUSINESS WIRE)--Aug. 15, 2001
After several weeks of negotiations, Vitro, S.A. de C.V. (NYSE: VTO and BMV: VITRO A), through its subsidiary Compania Vidriera, S.A. de C.V., as borrower, executed yesterday a credit facility providing for new financing in an aggregate principal amount equal to US$235,000,000.
The facility was lead by HSBC and Citibank, and included as participants Banco Nacional de Comercio Exterior, ABN AMRO, Bank of Montreal, Banamex, Banca Nazionale de Lavoro, JPMorgan-Chase and Credit Suisse First Boston and exceeded initial subscription efforts that aimed at US$200,000,000.