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Mexico's Vitro unit takes out $230 mln credit

MEXICO CITY, Sept 24 (Reuters) - Mexican glass maker Vitro said on Friday a subsidiary took out a credit for $230 million to pay down debt.

"The funds will be used by Vitro Envases Norteamericana to pay liabilities of the holding company," Vitro said in a statement.

Vitro , which makes a range of glass for the auto, bottling and construction industries and also glassware, said the credit falls due in 2006.