Mexico Carso gets $300 million syndicated loan

Newswire

MEXICO CITY, April 29 (Reuters) - Mexican conglomerate Grupo Carso said on Thursday it had concluded talks for a $300 million syndicated loan to refinance debt at industrial operations. The credit line, expected to be ready for the start of May, is over three years and on a sliding scale of 60 to 70 basis points over LIBOR, the company said. It will be used to refinance debt at the Condumex, Nacobre and Porcelanite units. Carso a retail and industrial conglomerate that belongs to the ...

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