December 11, 2012
Grana y Montero has launched a 5-year $150m term loan facility at Libor+425
Grana y Montero has launched a 5-year $150m term loan facility at Libor+425bp, according to sources familiar with the transaction. BBVA is leading the deal, which is raising funds for refinancing debt. The Peruvian construction company in October agreed to acquire a 74% stake in Chile’s Vial y Vives Ingenieria y Construccion for $56m.