CAF, CorpBanca lead US$71.5mn syndication for CIFI
Latin American development bank CAF and the New York branch of Chilean lender CorpBanca have arranged a US$71.5mn syndicated loan for CIFI.
CIFI is a company that provides financing for infrastructure in Latin America and the Caribbean.
The loan has a five-year maturity and seven other financial institutions participated, CAF said in a release. The lenders are Cordiant Emerging Loan Fund IV, International Finance Bank, Bancaribe Curacao Bank, Multibank, Prival Bank, BAC Florida Bank and Banco Pichincha Panamá.
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