June 5, 2013
BTG Pactual is planning to raise $300m in the syndicated loan market follow
BTG Pactual is planning to raise $300m in the syndicated loan market following a bank meeting Tuesday, according to people following the sale. The 2-year facility is offering Libor+145bp. Standard Chartered is leading, and has been joined so far by National Bank of Abu Dhabi and Sumitomo Mitsui. The deal would be the bank's first international syndicated loan as BTG Pactual, according to Dealogic data. The borrower is rated BBB minus/BBB minus/Baa3.