Bladex Seeks Syndicated Loan

Bladex Seeks Syndicated Loan

Bonds Structured Finance Loans

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 [on the syndication],” Testerman says on the sidelines of the IDB conference in Calgary, Canada. "We just laun

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