Banco Macro: A/B Loan for SME Financing
Sector: Financial Institutions • Location: Argentina
Source: Inter-American Development Bank (IADB)
The proposed transaction consists of an unsecured senior A/B revolving loan to Banco Macro S.A. (“Macro” or the “Bank”), in an amount of up to US$200 million, comprising: (i) Committed Tranche I: consisting of an A Loan of up to US$50 million to be financed by IDB Invest; (ii) Uncommitted Tranche II: consisting of an A Loan of up to US$50 million, to be financed by IDB Invest; and (iii) a B Loan i
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Participants
Sponsoring Agency | Obfuscated Data |
Company | Obfuscated Data |
Status
Original status | proposed |
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 |
ObfuscatedData@email.com | |
Address | Obfuscated Data, Obfuscated data, obfuscated data, Obfuscated data |
Description
Description | The proposed transaction consists of an unsecured senior A/B revolving loan to Banco Macro S.A. (“Macro” or the “Bank”), in an amount of up to US$200 million, comprising: (i) Committed Tranche I: consisting of an A Loan of up to US$50 million to be financed by IDB Invest; (ii) Uncommitted Tranche II: consisting of an A Loan of up to US$50 million, to be financed by IDB Invest; and (iii) a B Loan in an amount of approximately up to US$100 million to be financed by institutional investors. The transaction will have a term of up to seven years, with a grace period of up to two years. The objective of the transaction is to support Macro in growing its portfolio of Small and Medium-Sized Enterprises (“SMEs”) and Medium-Sized Plus Enterprises (“SME Plus”) in Argentina. |
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 |