Citibank, N.A. Argentina Branch
Sector: Raw Materials • Location: Argentina
Source: Multilateral Investment Guarentee Agency (MIGA)
MIGA issued a guarantee for $90 million to Citibank Trust Fund for its shareholder loan investment in its subsidiary branch in Argentina. The investment will expand the banking capacity of the project enterprise. MIGA used its CUP to syndicate $45 million of the exposure in the private market with ACE Global Markets. The MIGA guarantee will cover the investment against the risks of transfer restr
Project Information FAQ
Project Information
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 |
ObfuscatedData@email.com | |
Address | Obfuscated Data, Obfuscated data, obfuscated data, Obfuscated data |
Description
Description | MIGA issued a guarantee for $90 million to Citibank Trust Fund for its shareholder loan investment in its subsidiary branch in Argentina. The investment will expand the banking capacity of the project enterprise. MIGA used its CUP to syndicate $45 million of the exposure in the private market with ACE Global Markets. The MIGA guarantee will cover the investment against the risks of transfer restriction and expropriation. The investment will contribute to the development of Citibank Argentina's asset-based financing capabilities. MIGA's involvement will enable the Citibank Trust Fund to raise funds in the international capital markets. A large share of the funds will finance agricultural machinery, transportation, and construction equipment and provide working capital for farmers and their suppliers. With more equipment-targeted financing, Citibank Argentina will help enhance the productivity of the agriculture and construction sectors |
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 |