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Home > Finance > Chile's Codelco signs $500 million insurer-backed credit agreement

Finance

Chile's Codelco signs $500 million insurer-backed credit agreement

Published by Global Banking and Finance Review

Posted on May 7, 2025

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SANTIAGO (Reuters) - Chile's state-owned miner Codelco, the world's largest copper producer, said on Wednesday it signed a credit agreement for $500 million through Spanish lender Santander and with a guarantee from Italian state credit insurance agency SACE.

(Reporting by Fabian Cambero; Editing by Kylie Madry)

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