Cordiant signs $20M FMO B Loan for Nextel

A B loan was signed with FMO in September ($20M) and a further $3M exposure was purchased on the secondary market in December 2007 for Nextel, a mobile telecommunication operator in Brazil. The project will fund capital expenditures, general corporate purposes and repay short term intercompany debt. For more information on this project, please consult the FMO website: Nextel