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Global Bank Corporation lands $189M debt financing led by Citibank and JPMorgan

What's the deal? Global Bank CorporationDealroom has a profile for this one. Try Dealroom →, a Panama-based financial institution, has raised $189 million in debt financing. CitibankDealroom has a profile for this one. Try Dealroom →, N.A. and JPMorgan Chase BankDealroom has a profile for this one. Try Dealroom →, N.A. served as joint lead arrangers and bookrunners, while UMB Bank, N.A. acted as administrative agent.

Who advised? Hughes Hubbard advised the lenders on the transaction. Andrés Berry led the firm's team, with assistance from Santiago Diaz-Seijido and Kirsten Golan.

The signal: The involvement of two major US banks as lead arrangers points to continued appetite among global lenders for financing Latin American financial institutions.

Read more: Hughes Hubbard

Image credit: Generated with Gemini

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