Grupo Viz expands revolver

Grupo Viz expands revolver

Loans Debt Corporate & Sovereign Strategy Mexico

Mexico's Grupo Viz has added $60m to a $240m revolving credit facility and extended the maturity by three years to 2022, LatinFinance has heard. Rabobank was the bookrunner and joint lead arranger, while another Dutch bank, ING, was the other joint lead arranger, said a source close to the deal. Five other banks — Bancomext, HSBC, Sabadell, Santander and Scotiabank — contributed to the accordion feature, the source said. The accordion is tied to a similar leverage grid as the original two-part l

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