BML Loan I
Sector: Residential • Location: Maldives
Source: International Finance Corporation (IFC)
The proposed project consists of a senior secured loan of up to US$50 million and a potential mobilization of up to US$50 million to Bank of Maldives (“BML or “the Bank”), a state-owned bank in the Maldives (“Project”). The proposed investment will be in the form of a USD senior secured loan to BML with a tenor of up to 3 years. The investment is in response to the crisis caused by the coronaviru
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Participants
Sponsoring Agency | Obfuscated Data |
Company | Obfuscated Data |
Status
Original status | completed |
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 project consists of a senior secured loan of up to US$50 million and a potential mobilization of up to US$50 million to Bank of Maldives (“BML or “the Bank”), a state-owned bank in the Maldives (“Project”). The proposed investment will be in the form of a USD senior secured loan to BML with a tenor of up to 3 years. The investment is in response to the crisis caused by the coronavirus (“COVID - 19”) global pandemic which has adversely impacted the tourism industry, resulting in a liquidity crunch in related sectors. The proposed IFC funding will be on-lent by the Bank through working capital loans to support companies and SMEs in the tourism and services sectors in the Maldives, which have been impacted due to COVID-19. |
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 |