CAF Upsizes Syndicated Loan

CAF Upsizes Syndicated Loan

Bonds Structured Finance Loans

CAF, the Andean multilateral, has upsized a 3-year syndicated loan it was seeking from Asian lenders after the deal was oversubscribed, according to a banker on the transaction. The multilateral has upsized the deal to $163m, from the $150m it had planned to borrow, to accommodate demand. The deal was priced at Libor+ 95bp. The mandated lead arranger, SMBC, took a $100m ticket and 5 others participated in the transaction, with ticket sizes ranging from $3m to over $10m. Bank of Taiwan, Megan Int

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