Itau Loan Adds Lenders

Itau Loan Adds Lenders

Brazil Loans

Itau has added a pair of lead arrangers to its $750m syndicated loan, according to people following the deal, and plans to hold bank meetings in London and Taipei following a New York gathering last week. Bank of America and National Bank of Abu Dhabi are heard having joined as joint lead arrangers, and additional terms have emerged. A 3-year tranche of no less than $600m is set to pay Libor+140bp, and a 4-year portion of at least $150m offers Libor+155bp. MLA tickets on offer are $75m and 65bp

Already have an account?

Free trial

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

Free Trial