TGI shopping for banks for acquisition loan

TGI shopping for banks for acquisition loan


Transportadora de Gas Internacional is still looking for banks for its $350m syndicated loan for an acquisition which is likely to close by early March, according to a person familiar with the firm’s plans. The gas transporter is heard to be looking for a 5-year loan with a 3-year grace period but has not yet mandated banks, LatinFinance understands. TGI’s subsidiary Empresa de Energia de Bogota agreed last week to buy 23.61% of Transportadora de Gas del Peru, as well as all of that firm’s infra

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