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Europe Daily Bulletin No. 7762

20 July 2000
Contents Publication in full By article 13 / 60
GENERAL NEWS / (eu) eu/brazil
EIB grants 55 million euro loan to Tele Leste Celular, controlled by Iberdrola and Telefonica

Luxembourg, 19/07/2000 (Agence Europe) - The European Investment Bank is granting a 55 million loan to Tele Leste Celular Participacoes (LTC) for the development of a cellular telecommunications network in the States of Bahia and Sergipe, northeastern Brazil. The loan is being granted to Telebabhia Celular and Telegripe Celular, subsidiary of Tele Leste Celular, itself controlled by the groups Iberdrola and Telefonica. This eight-year loan, to be repaid in a single bullet installment, is...

Contents

THE DAY IN POLITICS
GENERAL NEWS
ECONOMIC INTERPENETRATION