Lenders fill up BAC Panama loan

Lenders fill up BAC Panama loan

Panama Central America Loans

Latin American and Asian lenders have expressed interest in a syndicated loan for BAC Panama, with a combination of new and existing banks joining the three-year, $75m refinancing. Final commitments to join the syndication are due November 14, said a banker familiar with the financial institution's plans. BAC Panama could increase the size of the loan, based on the offers it has received, but it has enough liquidity to keep it at $75m, the source said. The Panamanian lender will use the proceeds

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