Fibra Educa raises funds for acquisitions

Fibra Educa raises funds for acquisitions

Bonds Debt Funds Loans Mexico Project & Infrastructure Finance Structured Finance

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

Already have an account?

Free trial

Take a free two-week trial now for the latest news, data and market analysis.

Free Trial