October 19, 2012
Abengoa Bioenergia is looking to add banks on an approximately 3-year, $100
Abengoa Bioenergia is looking to add banks on an approximately 3-year, $100m pre-export facility loan led by Morgan Stanley, according sources familiar with the bioenergy company’s plans. The subsidiary of Spain’s Abengoa will meet one-on-one with potential banks in its first syndicated deal, expected to close in November. The funds will be used to repay the Brazilian unit’s short-term debt coming due in the next six months of nearly BRL200m ($99m).