BCI Signing $325m Syndicated Loan

Chile’s Banco de Credito de Inversiones is expected to sign a 2-year loan for $325m today, according to bankers with knowledge of the transaction. The deal has been upsized from the $300m it has initially been seeking, and there are 14 lenders, aside from the joint bookrunners, Standard Chartered and Wells Fargo. Pricing is 85bp over Libor, adds the person with knowledge of the transaction.