LONDON -- Chemical Banking Corp.'s Chemical Investment Bank Ltd. unit and Galicia Capital Markets of Argentina have arranged a $100 million Euro-Commercial Paper Program for Aguas Argentinas, which operates water and sewerage systems in Buenos Aires, Argentina, and its suburbs.

Chemical Bank said Aguas Argentinas operates these services under a 35-year concession contract granted by the government of Argentina, which recently privatized the services.

The briefs were compiled from staff and wire reports.

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