Techgen bank details emerge

Techgen bank details emerge

Loans Project & Infrastructure Finance

Techgen will meet banks in Mexico today after New York meetings on Wednesday for its $800m loan, LatinFinance understands. Bank of Tokyo-Mitsubishi UFJ, BBVA and HSBC have joined as senior mandated lead arrangers, while Intesa has joined as mandated lead arranger. Upfront fees in the senior mandated lead arranger tier have not been disclosed. The five-year transaction pays 150bp over Libor with non-equal amortizations. The commitment fee is 50bp. Commitments are due in mid-August, LatinFinance u

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