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BTG, Japan’s SMBC In LatAm Bank Venture
BTG Pactual is seeking to partner with Japan’s Sumitomo Mitsui Banking Corporation to provide lending and advisory services in Latin America.
BTG Pactualis seeking to partner with Japan’sSumitomo Mitsui Banking Corporation(SMBC) to provide lending and advisory services in Latin America,Reutersreports. The lenders will establish a partnership covering project finance, mergers and acquisitions advisory and asset management services.
As per the agreement, the Brazilian financial group and SMBC will offer joint lending for mining projects in Central and South America. The financial details of the transaction have not been disclosed.
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