Loma Negra Cements A/B Loan

Dec 17, 2009

Argentine cement producer Loma Negra has obtained a $125m A/B facility with the IDB and a group of banks to help it expand its capacity and invest in environmental projects. The facility includes a $105m 5-year B loan, heard paying in the general Libor plus 425bp area, and a $20m 8-year A...

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“The crisis has been a setback for reserve diversification."

Jan Dehn, Ashmore Investment Management