FINNEWS LATAM-Banco do Brasil raises $1 bln in loans from 22 banks
Banco do Brasil SA, Latin America's largest lender by assets, borrowed $1 billion from a pool of 22 banks in a two-part transaction, the bank said in a securities filing on Friday. The bank raised $700 million in a three-year loan, and $300 million in a four-year credit line, the filing added.
Terms of the transaction were not disclosed.
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