June 13, 2003
Chilean University Completes Rare Bond Sale; South Korean University Accepts Student With Ties to the North
A major private university in Chile has issued a $23-million bond to raise money for an expansion-and-modernization project.
The issuing of a bond is common among colleges in the United States but rare among those in Latin America.
The sale of the eight-year bond by Diego Portales University, in Santiago, was completed last month. The International Finance Corporation, a World Bank affiliate that promotes investments in private businesses in developing countries, assisted the
This is an article for subscribers only. You may access this article by purchasing a:
Digital or Print Subscription
Web Pass
Already have an account? Log In Now.
-
Administration
-
The Chronicle Review
-
Short Subjects
