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RCS & RDS Borrows 101 Million Euros From Banca Comerciala Romana

RCS & RDS SA, a Romanian telecommunications company, borrowed 101 million euros ($135 million) from Banca Comerciala Romana SA to refinance debt, the Bucharest-based bank said yesterday in an e-mail.

The loan is the first installment of a five-year, 300 million-euro syndicated credit from BCR, Credit Suisse Group AG and CEC Bank SA, according to the statement.

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