July 16, 2019 |
Fibria Overseas Finance has obtained a six-year, $750m term loan to repay bonds, LatinFinance has heard.
BNP Paribas, Bank of America Merrill Lynch, Mizuho, Rabobank and Scotiabank were the lenders on the deal, according to a source.
Based in the Cayman Islands, Fibria Overseas Finance is the financing unit for Brazilian pulp and paper company Fibria Celulose.
The proceeds from its transactions are used to fund its parent company’s general corporate purposes, according to debt filings.
Finance unit of Brazilian pulp and paper company obtains six-year loan to repay bonds