VITRO, a Mexican glass manufacturer, secured a US$75 million syndicated loan to service debt, the company said in an exchange filing. Canada's Bank of Montreal and Mexico's Banamex were the leading agents, while Standard Federal Bank, Comerica, HSBC Mexico and Bank of Nova Scotia participated. Vitro also sold receivables to Finacity, a New York collection agency. That deal pumps US$40 million into Vitro's coffers.
Vitro.(Mexico)(finance)(Brief Article)
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