Mexico's Bio Pappel wraps up loan financing

May 27, 2015 4:44 PM

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NEW YORK, May 27 (IFR) - Mexican paper company Bio Pappel has secured a US$225m five-year loan, effectively wrapping up a financing designed to retire debt and fund the purchase of notebook producer Corporacion Scribe.

Mexican banks Inbursa and Bancomext joined bookrunner Credit Suisse as MLAs on the dual-currency, amortizing loan, which will be funded this week.

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