Banco Santander Brasil Launches $200m Loan

The Brazilian arm of Banco Santander has put out invitations for a $200m 3-year bullet. The financial institution is looking for $125m in trade financing at 45bp over Libor and $75m in working capital at 55bp over Libor, according to a banker away from the deal. Santander is looking for MLAs for the financing. Standard Chartered has sole books.