logo

Banco Europeu para a America Latina (BEAL) S.A.

Sector: Forest Products and Packaging • Location: Brazil

Source: Multilateral Investment Guarentee Agency (MIGA)

Project
Not Active

MIGA issued a US$33 million guarantee to BEAL for its shareholder loan to its Brazilian branch. MIGA reinsured itself with five Lloyd's of London syndicates. The guarantee covers the investment against the risks of transfer restriction and expropriation. The project will help expand the size of the medium-term financial markets, which is fundamental to providing a stable and transparent enabling

Project Information FAQ

Project Information

5 Q
The project “Banco Europeu para a America Latina (BEAL) S.A.” is an infrastructure initiative in the Forest Products and Packaging sector, located in Brazil. Taiyo aggregates data on it from Multilateral Investment Guarentee Agency (MIGA).

Want to explore the full details? View the full report

Participants

Sponsoring Agency

Obfuscated Data

Company

Obfuscated Data

Status

Original status

not active

Taiyo status

Obfuscated Data

Taiyo last update

00-00-0000

Available timestamps

00-00-0000

Available timestamp type

Obfuscated Data

Contact

Contact name

Obfuscated Data

Phone

0000000000

Email

ObfuscatedData@email.com

Address

Obfuscated Data, Obfuscated data, obfuscated data, Obfuscated data

Description

Description

MIGA issued a US$33 million guarantee to BEAL for its shareholder loan to its Brazilian branch. MIGA reinsured itself with five Lloyd's of London syndicates. The guarantee covers the investment against the risks of transfer restriction and expropriation. The project will help expand the size of the medium-term financial markets, which is fundamental to providing a stable and transparent enabling environment conducive to efficient resource mobilization for private investment, promoting international confidence in the Brazilian economy. This investment will also assist in reducing price distortions as it will be charging competitive interest rates. BEAL Brazil will be lending to a variety of economic sectors in Brazil, especially telecommunications, oil and gas, electricity, pulp and paper, and metals and mining. Consequently, a broad spectrum of businesses will benefit from the availability of additional medium-term capital.

Original sub-sector

Obfuscated

Original Currency

USD

Original budget

000000000000000

Procurement method

Obfuscated Data

Budget

000000000000000

Location

Region

Obfuscated

Country

Obfuscated

State

Obfuscated Data

County

Obfuscated

Location

Obfuscated Data, Obfuscated data, obfuscated data, Obfuscated data

Source

Source reliability

High

Data quality score

100%

Source

Obfuscated Data

URL

obfuscated_data,obfuscateddata.com

More Details

Project Type

Obfuscated Data

Article Published Date

Obfuscated Data