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CVRD Closes $6 Billion Loan To Complete 84% Of Takeout

Dec 26, 2006

Brazil's CVRD has closed a $6 billion two-tranche pre-export loan, grown from $5 billion on more than $12 billion in commitments. The deal, via ABN AMRO, Credit Suisse, Santander...

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There is performance risk that the market is going to have to evaluate and assess. I think that is very healthy for the market because that will enable us to finance a much wider range of projects.

Luis Fernando Andrade, Colombian National Infrastructure Agency


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