Bladex Closes Upsized Syndication

Bladex Closes Upsized Syndication

Bonds Structured Finance Panama Loans

LatAm supranational bank Latinoamericano de Comercio Exterior (Bladex) has closed a $165m 3-year loan syndication, bringing a total of 9 banks into the transaction. The deal was upsized from an original $150m target after margins were set at Libor+110bp. Leads were heard offering 90bp fees for tickets of $15m or more, 75bp for tickets of between $10m-$14m and 60bp for tickets of between $5m-$9m. Mizuho and Chang Hwa Commercial Bank jointly arranged the facility, with the former acting as bookrun

Already have an account?

Free trial

Take a free two-week trial now for the latest news, data and market analysis.

Free Trial