Bladex Sets Spread On Loan

LatAm supranational bank Banco Latinoamericano de Comercio Exterior (Bladex) is heard offering Libor+110bp on a $150m 3-year loan after holding bank meetings in Tapei last week. Banks are being offered 90bp fees for tickets of $15m or more, 75bp for tickets of between $10m-$14m and 60bp for tickets of between $5m-$9m. Mizuho is acting as MLA and sole bookrunner, with Chang Hwa Commercial Bank coming in as MLA.