Scoring BigFacing a choppy market and tight World Cup schedule, Brazil still managed a $4 billion exchange of dollar- and euro-denominated global bonds in early June. The swap, across 20 different bonds, focused mostly on debt coming due in the next five years, although off-the-run bonds due as far out as 2030 were targeted as well. Credit Suisse managed the deal.
Massive Loan for PemexState-run oil company Petróleos Mexicanos signed a $5.5 billion syndicated loan at the end of May. All told, 37 banks piled in. The agreement consists of a $1.5 billion five-year A-loan with a margin of 32.5 basis points over Libor; a $2.75 billion seven-year B-loan with a 47.5 basis points margin over L
Take a free two-week trial now for the latest news, data and market analysis.