BanBif considers syndicated loan

BanBif considers syndicated loan

Loans

Peruvian lender BanBif is considering a return to the syndicated loan market in the last quarter of the year, chief financial officer Javier Arroyo told LatinFinance. While the borrower has not picked banks yet, it is mulling a $100m deal with a three to five year tenor, to fund credit growth, he said. BanBif also issues bonds in the Peruvian local market, and a syndicated loan would be consistent with its policy to diversify funding, Arroyo said. The borrower, rated BBB- by Fitch, closed a $100

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