June 19, 2017 |
Argentina's Molino Canuelas has signed an $88m trade financing, roughly a month after it filed documents for a possible IPO, LatinFinance has confirmed.
The food and cooking oil producer received the 4.7-year loan from six banks. The new loan amends and replaces a $70m facility signed in January.
Itau BBA and JPMorgan were bookrunners, with the Brazilian bank also named administrative agent. Credit Agricole and Rabobank were mandated lead arrangers, while Banco Panama and Tower Bank joined as
Argentine food corporation signs an $88m trade finance facility with six banks, led by Itau and JPMorgan