Calpia CLI
Sector: Commercial • Location: El Salvador
Source: International Finance Corporation (IFC)
This transaction consists of a subordinated credit line of up to $5.0 million and a senior loan of up to $5.0 million to Financiera Calpiá S.A. (Calpiá or the company) of El Salvador. Calpiá is an IFC investee. Calpiá requires Tier II capital for two reasons:
- to support its portfolio growth (the net loan portfolio increased 45% from the prior year to $43.3 million equivalent and is expected
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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 | This transaction consists of a subordinated credit line of up to $5.0 million and a senior loan of up to $5.0 million to Financiera Calpiá S.A. (Calpiá or the company) of El Salvador. Calpiá is an IFC investee. Calpiá requires Tier II capital for two reasons: - to support its portfolio growth (the net loan portfolio increased 45% from the prior year to $43.3 million equivalent and is expected to grow at 30-40% for the next five years ); and, - to support the extension of its operations to other countries in Central America, with an initial direct investment of $2.5 million in Financiera Confia, Nicaragua. Calpiá will, however, be expanding its business in neighboring countries through planned capital increases and not an increase in debt. |
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 |
