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Case
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Reference no. 9-293-015
Published by: Harvard Business Publishing
Originally published in: 1992
Version: 10 June 1993
Length: 21 pages
Data source: Field research

Abstract

The newly privatized Chilean telephone company, Compania de Telefonos de Chile (CTC) must raise substantial new funds externally in order to finance its expansion program. This task is complicated by Chile's small, illiquid capital markets and the skeptical view of Latin American borrowers held by investors outside of the region. CTC's chief financial officer must determine if listing American Depository Receipts (ADRs) on the New York Stock Exchange is a viable financing option for the company.
Location:
Industry:
Size:
USD375 million revenues, 7,000 employees
Other setting(s):
1990

About

Abstract

The newly privatized Chilean telephone company, Compania de Telefonos de Chile (CTC) must raise substantial new funds externally in order to finance its expansion program. This task is complicated by Chile's small, illiquid capital markets and the skeptical view of Latin American borrowers held by investors outside of the region. CTC's chief financial officer must determine if listing American Depository Receipts (ADRs) on the New York Stock Exchange is a viable financing option for the company.

Settings

Location:
Industry:
Size:
USD375 million revenues, 7,000 employees
Other setting(s):
1990

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