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Edelnor Gets Short Term Loan
Chilean power generator Empresa Electrica del Norte Grande (Edelnor) is taking out a $50m short-term bank loan to help prepay $187m in debt to ABN AMRO, the company says in a filing with the SVS securities superintendent. Edelnor plans to repay the principal and interest on the loan, which was signed in 2002, July 7 with its own funds and the bank loan.
