Bladex Closing Trade Finance Line

Bladex is heard closing a $113m 2-year loan through Mizuho paying 175bp all in. The deal was syndicated to a group of 10 banks in China and Taiwan, according to a banker on it. Proceeds are for trade finance. The deal is a follow up to a deal closed in September for the Panama-based multilateral lender. Bladex raised $100m via a 2-year loan co-led by China Development Dank and Mizuho at a margin less than 200bp.