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Invertec seals last deal of 2009 - Chile

04/05/10

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The salmon farming company Invertec Pesquera Mar de Chiloe (Invermar) was able to seal an agreement on 30 December with Chilean financial institutions, which will allow it to restructure its liabilities and improve its management.

In what was the industry's last renegotiation of the year with Chilean banks, Invertec signed a contract in which it recognises the debt it holds with 12 financial entities worth USD 153 million.

This number could rise further still, to USD 166 million, due to...........


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