Sigma Pitching Lenders

Mexico’s Sigma Alimentos is planning a bank meeting Tuesday for a $1bn senior unsecured term loan facility, LatinFinance understands. The 5-year loan comes at Libor+125bp and is tied to a leverage grid. Bank of Tokyo-Mitsubishi is leading. The Grupo Alfa food products subsidiary is making a EUR675m ($908m) bid for European meat company Campofrio Food Group. It is also planning an IPO with Citi, Goldman Sachs, Bank of America Merrill Lynch and Banorte-Ixe, likely happening in 2014.