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Daewoo International Seeks $900 Million CDB Loan, Daily Says

Dec. 2 (Bloomberg) -- Daewoo International Corp. is seeking to borrow $900 million from China Development Bank Corp. to help fund a gas field project in Myanmar, Korea Economic Daily reported today, citing industry officials it didn’t identify.

Talks on terms may be completed as soon as this month, according to the Korean-language report.

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To contact the editor responsible for this story: Tom Kohn at tkohn@bloomberg.net

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