December 12, 2018 |
Brazil's Usina Santa Fé has secured more than $80m in five-year financing in both dollars and reais, LatinFinance has confirmed..
The sugar and ethanol company has received BRL110m ($28.2m) in a local-currency loan and $53m in dollar-denominated debt for trade finance and to pay off existing export credit facilities in both currencies, according to data from Dealogic.
Itaú BBA led the deal, joined by Bradesco, Banco do Brasil, Rabobank and Santander as participants. Banking sources declined to p
Brazilian sugar and ethanol company secures a dual-currency loan from four banks