Trade financing firm Latitude20 garners $250m investment from Corrum – exclusive

The deal will allow Latitude20 to increase its loan size by $10m.

Latin America trade financier Latitude20 Capital Partners is expanding its business after striking a partnership with Corrum Capital Management and entering into a senior secured credit facility with Tennenbaum Capital Partners.

New York-based Latitude20 will receive a $250 million investment from Corrum as part of the arrangement, proceeds that will help it increase the size of the investments it can deploy.

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