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Banco de Bogotá: Loan to Support Sustainable Projects and Competitive Transition in Colombia

Sector: Financial Institutions • Location: Colombia

Source: Inter-American Development Bank (IADB)

Project
Proposed

The project consists of supporting Banco de Bogotá with a senior debt facility of up to US$150 million, structured as follows: (i) Committed Loan Tranche I, of up to US$40 million, to be financed by IDB Invest, aimed at promoting the financing of sustainable projects and competitive transition; (ii) Committed Loan Tranche II, of up to US$10 million, to finance competitive transition projects; and

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The project “Banco de Bogotá: Loan to Support Sustainable Projects and Competitive Transition in Colombia” is an infrastructure initiative in the Financial Institutions sector, located in Colombia. Taiyo aggregates data on it from Inter-American Development Bank (IADB).

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Participants

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Status

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proposed

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Description

Description

The project consists of supporting Banco de Bogotá with a senior debt facility of up to US$150 million, structured as follows: (i) Committed Loan Tranche I, of up to US$40 million, to be financed by IDB Invest, aimed at promoting the financing of sustainable projects and competitive transition; (ii) Committed Loan Tranche II, of up to US$10 million, to finance competitive transition projects; and (iii) Uncommitted Loan A, for up to US$20 million, to promote the financing of sustainable projects. Additionally, the A Loan will be complemented by a loan of approximately US$80 million to be financed by other investors. The tenor of each loan will be up to three years from disbursement, with principal repayment at maturity.

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Source

Source reliability

High

Data quality score

100%

Source

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URL

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