April 15, 2013
Itau is preparing a $750m syndicated loan, which bankers see as the next in
Itau is preparing a $750m syndicated loan, which bankers see as the next in a series of LatAm FIG borrowers looking to tap this market, according to people familiar with the transaction. Details are set to be finalized at a bank meeting to be held Thursday. Bank of Tokyo-Mitsubishi (BOTM), Mizuho and Standard Chartered are leads. Recently, in the FIG space Banco De Credito del Peru signed a $150m 3.5-year facility at L+175bp with a group of Asian banks led by BOTM.