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SecuritizationCLOs-CDOs

Banks agree to Zed loan increase

The banks supporting Zed Worldwide’s syndicated loan, signed in 2008, have agreed to increase the facility to Eu122.5m from Eu92.5m. Spanish agency the Official Credit Institute (ICO) has joined the original bank group, which consists of BBVA, Banco de Sabadell, Caja Madrid, ING and Santander.

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