The agreement, which entails the refinancing of liabilities of $180.5 million (€120 million), includes a grace period of up to three years and a total term of 10 years.

Salmones Multiexport S.A had sales of $203 million (€135 million) and production of 58,000 tons in 2008, making it the No. 4 salmon and trout exporter in Chile.

Based on the agreement signed with the banks, Multiexport Foods S.A., the controlling shareholder of Salmones Multiexport, has committed to a capital increase of $53.5