Engie, CDPQ enlist more lenders for TAG loan

Engie, CDPQ enlist more lenders for TAG loan

Loans M&A Project & Infrastructure Finance Debt Energy Gas Brazil Canada Europe

Another five banks from Europe have joined the 12-year, $2.45 billion loan to finance the acquisition of the TAG natural gas pipeline in Brazil, according to a source close to the deal.Intesa Sanpaolo and Santander have come aboard as mandated lead arrangers, while ABN Amro has entered as an arranger and Allianz and CM-CIC Investissement have taken smaller tickets as participants, the source said. After France's Engie and the Canadian pension fund Caisse de dépôt et placement du Québec (CDPQ) bi

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