Glencore, Vicentin borrow in Argentina

Glencore, Vicentin borrow in Argentina

Bonds Structured Finance Argentina Loans Project & Infrastructure Finance

Glencore and Vicentin have borrowed $410m through twin A/B loan facilities from the IFC and the IIC to expand a soybean crushing plant in Argentina.The IFC and the Dutch lender Rabobank were the joint mandated lead arrangers and bookrunners on the financing package, said Juan Jose Garcia, the head of syndications for Latin America and the Caribbean at the IFC.The IFC, part of the World Bank, supplied $75m to one nine-year A loan, while eight lenders contributed $130m to a B loan maturing between

Already have an account?

Free trial

Take a free two-week trial now for the latest news, data and market analysis.

Free Trial