Codelco will be capitalized with up to $4 billion - Chile govt
SANTIAGO Aug 1 (Reuters) - Codelco, the world's biggest copper producer, will be financed with up to $4 billion to 2018, the majority through debt issuance, Chile's finance minister said on Friday.
The state-run copper firm, which has an ambitious investment plan to upgrade its aging mines, will receive around $3 billion via treasury-issued debt and around $1 billion from returned profits, said Alberto Arenas.
(Reporting by Felipe Iturrieta)
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