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Eletrobras – CAF A/B loan
02 March 2011
A benchmark for A/B lending
November 2010 saw Brazil’s Centrais Eletricas Brasileiras (Eletrobras) sign a $500 million A/B loan with a group of five banks led by BBVA, HSBC and Santander, together with Corporación Andina de Fomento (CAF), the Caracas-based multilateral agency.
This facility stands out as it represents the largest corporate MLA-supported transaction for Brazil and the region in 2010, and was the first A/B loan arranged...
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