Tuesday, June 26, 2007

Chile's LAN raises $320 mln through capital increase

(Reuters) - Some 97.5 percent of the new stock was taken up during the
global offer and the remaining 2.5 percent was sold in the
Chilean market on Monday, LAN said.




The company said earlier this year it planned to use the
money to expand its fleet and to help fund $2.6 billion in
investments through to 2011.


Read more at Reuters.com Bonds News

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