IIC approves loan to Publicidad Sarmiento and its Chilean affiliate

The board of directors of the Inter-American Investment Corporation (IIC) has approved a loan of up to US$6.5 million to Argentine company Publicidad Sarmiento SA and Grupo Sarmiento SA (GSSA), its Chilean affiliate. The project covers the start-up of GSSA's activities in Chile, the expansion of Publicidad Sarmiento's activities in Argentina, and information systems investments.