Votorantim Signs Pre-Export

Votorantim Signs Pre-Export

Loans

Groupo Votorantim has raised $1.04bn billion in a pre-export loan through its Votorantim GMBH unit. A $620m 8-year tranche pays Libor plus 2.25%, and a $420m 7-year piece pays Libor plus 2.10%. Proceeds will be mainly used to repay loans maturing in

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