Banco Itaú signs bigger $1.5bn loan with 31
Brazil's Banco Itaú has signed a $1.5bn loan with 31 lenders, after strong demand during general syndication led to the group increasing the deal size from the original $750m. Asian banks featured extensively in the lending group.
Mitsubishi UFJ Financial Group, Mizuho Corporate Bank and Standard Chartered were the bookrunners and marketed the facility to banks in Asia, Europe, the Middle East and the US.
Some 28 lenders joined in syndication, said a banker. Agricultural Bank of China, Bank of America Merrill Lynch, BayernLB,
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