Mexichem Lines Up Lead Banks

Mexichem, which produces and exports petrochemicals, has lined up its lead bookrunners for a $595m 5-year term loan at Libor plus 87.5bp, and is now looking for three to four MLAs, according to bankers away from the deal. Citi has sole lead books and BofA and ABN AMRO are lead bookrunners, though without league table credit.