Banco Fibra Out With $90m A/B

Brazil’s Banco Fibra is out with a $90m A/B loan through the IFC, Itau and Santander. A $15m IFC 4-year is shopped at 275bp over Libor, while a $75m 2-year B tranche pays 210bp. It is expected to close shortly and be oversubscribed, according to a banker on the deal.