News
15 September 2019

Ternium closes $500m PXF

Region:
Americas

Ternium Brasil – a subsidiary of Argentine steelmaker Ternium – has closed a $500 million five-year pre-export financing (PXF).Signed on 9 August, the deal comes with a parent guarantee to lenders and is priced at 100bp over US Libor. Bookrunners Bank of America, BBVA Securities, BNP...

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