The Brazilian government says it is cracking down on money laundering by instituting tighter reporting rules on the finance industry. Local banks, considered complicit by some, are finding they may have to foot the bill.
Category: Loans
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BNP Paribas, Rio de Janeiro sign loan terms
French bank wins auction, lends the Brazilian state $880m
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Medanito signs loan
Argentine energy company Medanito has signed off on an $80m syndicated loan, a statement from law firm Tavarone, Rovelli, Salim & Miani showed.
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Three banks lend to Argentine gas unit
Transportadora de Gas del Norte (TGN) got $220m in three-year syndicated funding from Citi, ICBC and Itau Unibanco, a statement on Argentina’s CNV showed.
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Nafin picks up EIB funds
Nafin has signed a $100m loan with the European Investment Bank (EIB), which it intends to on-lend to wind power projects in Mexico, according to a statement from the EIB.
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Credito Real finishes local MXN ABS
Credito Real printed MXN800m ($42m) in five-year asset-backed securities (ABSs) in the local Mexican market, according to a securities filing on Mexico’s BMV.
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KfW, Nicaragua agree terms on third loan
Nicaragua will receive €90m ($104.57m) from Germany’s KfW, a source from the development bank confirmed.
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Buenos Aires awaits IBRD injection
Multilateral lender tees up $300m for the Argentine province after central government approves terms
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IDB, JICA talk Ecuador loan
Ecuador will get a 25-year $150m loan from the IDB, which comes with a 7.5-year grace period over a Libor-based interest rate, a statement from the multilateral showed
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Pemex’s PMI launches syndicated loan
Pemex’s oil trading arm PMI has launched a four-year $700m syndicated loan, according to a source close to the deal.