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Financials

Cielo approves $297 mln loan agreement with Bank of Tokyo -filing

BRASILIA, Dec 20 (Reuters) - The administration board of Cielo SA, Brazil’s largest card payment processor, signed a loan agreement for $297.3 million with the Bank of Tokyo-Mitsubishi, the company said in a filing on Tuesday.

The company did not say what the loan will be used for or detailed the terms of the contract. (Reporting by Alonso Soto; Editing by Sandra Maler)

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