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Frisco Moves Ahead

Nov 9, 2012

Minera Frisco is advancing its $1.1bn, 5-year senior secured term loan facility, following bank meetings in Mexico and New York. Pricing is heard starting at Libor+325bp. Barclays, HSBC, JPMorgan and Scotia are heard to have emerged...

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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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