Raízen raises two-part loan

Raízen raises two-part loan

Loans Energy Brazil Debt Corporate & Sovereign Strategy

Brazil's Raízen Energia has closed a five-year, $500m debt facility at 105bp over Libor, LatinFinance has confirmed.  The deal involved a $300m revolving credit facility and a $200m term loan with the same tenor and pricing, said two sources close to the deal. BNP Paribas, JPMorgan, Mizuho and Scotiabank led the deal as joint bookrunners. Bank of America, HSBC, Morgan Stanley, MUFG and Santander participated as lenders, according to one of the sources. Raízen will use the money to pay off debt a

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