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Embratel – multilateral A/B loan
26 March 2010
Supporting an essential sector
This successful financing of equipment to Brazil’s Embratel is the first time an A/B loan structure has been used between the borrower and the Nordic Investment Bank (NIB). The closing of the B-loan was achieved within a very challenging timeframe, just as the banks had to meet pricing commitments in the middle of a liquidity crisis.MLAs on the B loan are: BBVA; Crédit Agricole; Natixis; Nordea; Santander and Société Générale (SG)....
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