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A/B Financing Agreement with Banco Internacional

Sector: Financial Institutions • Location: Chile

Source: Inter-American Development Bank (IADB)

Project
In Implementation

The proposed transaction consists on an A/B senior loan of up to US$150 million (the “Loan”) funded as follows: (i) an A loan of up of U$$30 million to be funded by IDB Invest; and (ii) a B loan of up to US$120 million to be funded by institutional investors The Loan will be amortizable in up to five years. The Project involves fundingBanco Internacionalto increase its operation (balance) by incre

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The project “A/B Financing Agreement with Banco Internacional” is an infrastructure initiative in the Financial Institutions sector, located in Chile. Taiyo aggregates data on it from Inter-American Development Bank (IADB).

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Participants

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in implementation

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Description

Description

The proposed transaction consists on an A/B senior loan of up to US$150 million (the “Loan”) funded as follows: (i) an A loan of up of U$$30 million to be funded by IDB Invest; and (ii) a B loan of up to US$120 million to be funded by institutional investors The Loan will be amortizable in up to five years. The Project involves fundingBanco Internacionalto increase its operation (balance) by increasing available lending to Small- and Mid-Sized Enterprises (“SMEs”) clients, as well as adding new SMEs to its portfolio. Additionally, advisory services are being designed to help Banco Internacional develop a sustainability strategy.

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Source

Source reliability

High

Data quality score

100%

Source

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URL

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