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Brazilian State Clinches International Financing

Jan 4, 2013

The Brazilian state of Santa Catarina has closed a $726m loan, getting international financing in a transaction seen as a model for Brazilian states to borrow additional funds. The 10-year facility is provided by Bank of America...

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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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