Three Join Exalmar Loan

Three Join Exalmar Loan

Peru Loans

Banco de Credito Del Peru (BCP), Citigroup and Scotia are all heard signing up to Pesquera Exalmar's $140m 6-year loan ahead of closing this week. That brings in a total of 6 banks, including leads HSBC, Santander and WestLB. The Peruvian fishery is offering a margin of Libor+390bp on the senior secured term loan. Banks were able to participate with ticket sizes of $10m-$19.9m for fees of 100bp, $20m-$20.9m for 125bp and $30m-plus for 150bp. The loan is secured by insurance policies and export r

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