January 8, 2018 |
Eight lenders provided a five-year $150m loan to USAVflow to help it fund a receivables purchase transaction with Colombian airline Avianca, a source familiar with the trade said.
Deutsche Bank, Banco de Credito del Peru, First Citizens, BankUnited, Metrobank and Prival Bank committed to the transaction, while two investment funds - Moneda Deuda LatinoAmericana Fondo de Inversion and Moneda Latinoamerica Deuda Local Fondo de Inversion rounded out the facility.
Proceeds purchased $150m worth of f
Six banks, two local investment funds make up the lenders of the five-year $150m loan to the purchaser of Avianca receivables