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Bladex Seeks Syndicated Loan

Mar 29, 2011

Bladex is seeking a $250m, 3-year syndicated loan as part of its plan to raise $1bn this year, says Gregory Testerman, first executive VP of Bladex. Testerman tells LatinFinance the loan will be jointly arranged by BNP Paribas and Standard Chartered, and will be priced at Libor +120bp. “I expect at least 100 banks to be invited, and they will choose from those. There will be 10-20 banks...

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