March 24, 2021
AT&T Comunicaciones Digitales, a Mexican subsidiary of US telecommunications company AT&T, has signed a syndicated loan for MXN13.5 billion ($653 million) from seven lenders, according to bankers on the deal.
BBVA, Citibanamex and Scotiabank each contributed MXN3.25 billion to the three-year bullet loan, while Bank of America put in MXN1.29 billion, Santander and Banorte each provided MXN880 million and Banco Sabadell added MXN700 million.
Citibanamex was the global coordinator and joint
US telco's local subsidiary borrows $652 mln from seven lenders