LATIN AMERICA

摘要

Petrochemical producer braskem is in talks with banks to secure a US$1bn five-year revolving credit facility. Proceeds will be used for refinancing. Braskem last tapped the market in 2014 when it signed a US$750m five-year revolver. Citigroup, Credit Agricole, ING, JP Morgan and Standard Chartered led the deal, which paid 160bp over Libor with a 15bp utilisation fee.