CS Mexico Credit Opportunities Trust

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The project involves an IFC investment in a Trust, Credit Suisse Mexico Opportunities Trust (“MEXCO” or the “Trust”), in Mexico that has been set-up to mobilize long-term funding from institutional investors to on-lend to local mid-sized companies. The Trust is a newly established vehicle that will channel financial resources from primarily Afores (Mexican pension funds) to medium size corporates, allowing Afore investors to diversify their portfolio and enabling greater access to credit for medium size corporates. To achieve this, the Trust has issued Certificados de Capital de Desarrollo (“CKDs”), publically listed securities under the Mexican law, to help channel economic growth of these companies. The Trust is expected to invest in a portfolio of debt assets involving between 20-30 medium sized Mexican companies.