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Banco de Chile Gets China Loan
Banco de Chile has received a $100m 3-year loan from the China Development Bank to finance foreign investment transactions between clients of the bank and China, a bank official says. Pricing was not disclosed. Earlier this month, Banco de Chile issued $162m equivalent in bonds denominated in the UF inflation-indexed. The AAA rated 2013 notes priced at 94.11 with a 2.50% coupon to yield 3.75%.
