Vicentin signs larger, longer-term PXF

Vicentin signs larger, longer-term PXF

Loans Structured Finance Debt Argentina

Vicentin has snared $295m in pre-export financing (PXF), according to a statement from the IFC. The multilateral joined Natixis and Rabobank as joint lead arranger and bookrunner on the dual-tranche facility. The Argentine agribusiness got a seven-year $35m portion from the IFC, while $260m was split among a six- and seven-year tranche. The following institutions participated in the six-year facility: - Rabobank- Natixis- Itau BBA- ABN Amro- Credit Agricole- Federated Core Fund- Federated Tender

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