Grupo Gloria receives syndicated loan

Grupo Gloria receives syndicated loan

Peru Loans Bonds

Three subsidiaries of Peruvian conglomerate Grupo Gloria have received a PEN229m ($66.7m) syndicated loan from three lenders, LatinFinance has confirmed.Citi led the loan, while local lender Interbank was the administrative agent. The national development bank Cofide also participated in the financing, according to an advisor on the transaction.Gloria's subsidiaries Agrojibito, Jibiport and Agroaurora received the financing. The trio acquired ethanol assets from local energy company Maple E

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