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Cosan Targets Pre-Export Facility

Oct 19, 2009

Cosan is looking to raise an up to $250m pre-export facility in the loan market. The syndicated loan carries a 3-year tenor and a margin of Libor plus 400bp, say bankers on it. Cosan had announced plans to raise a facility in June, and...

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The most pressing issue is related to guaranteeing this growth of the system, the savings. We have to guarantee that this growth is followed by better asset managers on the side of the Afores.

Carlos Ramírez, Mexico’s pension regulator, Consar


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