Mattos Filho Advogados advises Embratel on yen-denominated financing

Brazilian firm Mattos Filho, Veiga Filho, Marrey Jr e Quiroga Advogados, through its Rio de Janeiro branch office, advised Empresa Brasileira de Telecomunicações SA - Embratel, in connection with a Japanese yen-denominated term loan agreement of ¥15.2 billion, equivalent to US$125 million. The closing date was on June 25, 2001.