Favorita seals loan syndication

Favorita seals loan syndication

Ecuador Loans Bonds

Ecuadorian agribusiness company Favorita Group has closed a four-year, senior secured amortizing $102m loan with a syndicate of eleven banks, LatinFinance has heard. Bladex was the sole lead arranger and bookrunner with the largest ticket of $20m. Lenders from Central America and the Caribbean - Bancaribe Curacao, Banco Aliado, Banco BHD Leon, Banco Panama, Global Bank, Lafise, Metrobank, Multibank, St. Georges Bank and Tower Bank - participated in the financing with tickets ranging from $5m to

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