CFE Loan Adds Banks

CFE Loan Adds Banks

Mexico Loans

Mexico’s Comision Federal de Electricidad (CFE) has closed syndication and is in the documentation phase for its 5-year, $1.25bn unsecured revolver, LatinFinance understands. Pricing has been heard at Libor+115bp, with a commitment fee of 35bp, with co-arranger and participant tickets available at respective 50bp and 40bp levels, corresponding to $50m and $25m levels. The electricity monopoly is raising funds to refinance debt and for general corporate purposes. Bank of America, BBVA, Bank of To

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