Friday, February 8, 2013

FOXBusiness.com: Chile Cencosud Controller Secures $700 Million Loan - Report

FOXBusiness.com
FOX Business Network - The Power to Prosper
Chile Cencosud Controller Secures $700 Million Loan - Report
Feb 8th 2013, 13:46

Chilean retail holding company Cencosud SA's (CNCO, CENCOSUD.SN) chairman and largest shareholder, Horst Paulmann, secured a $700 million loan from Banco BTG Pactual SA (BBTG11.BR) to finance his subscription to the company's upcoming capital increase, Diario Financiero reported Friday.

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