May 22, 2013
A growing list of LatAm banks are heading to the syndicated loan market to diversify funding sources, amid growing investor appetite for their paper.
Some $1.5 billion is now being negotiated, with Itau preparing the largest loan, at $750m.
Among syndicated loans currently in process are Banco Internacional del Peru (Interbank), which held a bank meeting Tuesday, Peruvian development bank Cofide, which met lenders in New York and Taipei starting last week.
Panama's Banco General is
LatAm banks are returning in force to the syndicated loan market, taking advantage of favorable conditions to forge new funding relationships.