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Strategies & Market Trends : Telebras (TBH) & Brazil -- Ignore unavailable to you. Want to Upgrade?

To: Steve Fancy who wrote (22360)	7/5/2001 5:09:42 PM
From: hoyasaxa	Read Replies (1) \| Respond to of 22640

tne chart: siliconinvestor.com Hasn't been this low in awhile...hmmmmm

To: Steve Fancy who wrote (22360)	7/10/2001 9:04:16 AM
From: wl9839	Read Replies (1) \| Respond to of 22640

Brazil's Telemar To Get $700M Syndicated Loan This Month NEW YORK -- Brazil's telephone service provider Tele Norte Leste Participacoes (E.TNL), or Telemar, will close a $700 million syndicated loan by the end of the month, a source familiar with the matter said. ABN Amro is arranging the deal, which includes such participants as FleetBoston, Salomon Smith Barney, J.P. Morgan, and Wachovia Corp. Presentations will take place in New York Tuesday and in Sao Paulo Wednesday, the source said. A few vendors such as the mobile handset maker Nokia (NOK) are financing TNL with around $700 million more, the source said - giving the actual transaction a total size of between $1.4 billion and $1.5 billion. "Having sponsors also involved in the deal adds to the interest," the source said. Standard & Poor's Corp. recently assigned a Br Double-A plus national scale rating on the telecommunications group. -By Sonja Ryst, Dow Jones Newswires; 201-938-2245; sonja.ryst@dowjones.com --------------------------------------------------------------------------------