August 3, 2021 |
Mexican education investor Fibra Educa plans to sign a syndicated loan for about MXN6 billion ($301 million) to finance its next acquisition as it looks ahead to its first green bond sale in as little as a year, CEO Raúl Martínez told LatinFinance on Monday.
"We expect to close the syndicated loan during the third quarter at a rate of 150 basis points [over the TIIE interbank lending rate]," Martínez said without naming the banks in the transaction.
Fibra Educa will use the proceeds of the syndi
Mexican private education company plans to sign a $302 mln syndicated loan and looks ahead to its first green bond sale, CEO says