CAFSA SME-Climate Loan
Sector: Automotive • Location: Costa Rica
Source: International Finance Corporation (IFC)
The proposed project consists of a senior secured financing package for up to US$30 million comprised of: (i) a senior secured “A” Loan in an amount of up to US$20 million, for IFC’s own account, including US$10 million of unfunded credit risk participation from credit insurance (CIP) and (ii) an up to US$10 million mobilization package through a senior secured “B1” loan and/or parallel loan for C
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Participants
Sponsoring Agency | Obfuscated Data |
Company | Obfuscated Data |
Status
Original status | 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 |
ObfuscatedData@email.com | |
Address | Obfuscated Data, Obfuscated data, obfuscated data, Obfuscated data |
Description
Description | The proposed project consists of a senior secured financing package for up to US$30 million comprised of: (i) a senior secured “A” Loan in an amount of up to US$20 million, for IFC’s own account, including US$10 million of unfunded credit risk participation from credit insurance (CIP) and (ii) an up to US$10 million mobilization package through a senior secured “B1” loan and/or parallel loan for Corporacion CAFSA, S.A., Financiera CAFSA, S.A., and Arrendadora CAFSA, S.A. (altogether CAFSA or the Company) in Costa Rica. The purpose of the investment is to support the growth of CAFSA’s financing and leasing portfolios for i) small and medium enterprises (SMEs) that seek financing solutions to acquire vehicles and ii) for the purchase of hybrid and/or electric cars (HEV), which are expected to represent at least 25% of the proceeds (the “Project”). |
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 |