DARP SA Nimble
Sector: Waste Processing and Treatment • Location: Southern Africa Region
Source: International Finance Corporation (IFC)
The proposed project entails setting up a new investment regional facility in Sub-Saharan Africa (DARP SA Nimble) under IFC’s Distressed Assets Recovery Program (DARP), to acquire and resolve unsecured retail non-performing loans (NPLs) in South Africa, Namibia, Lesotho, Eswatini, Botswana and Kenya (Target Markets) as well as single asset investments in South Africa. The proposed facility will ha
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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 |
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Contact
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Address | Obfuscated Data, Obfuscated data, obfuscated data, Obfuscated data |
Description
Description | The proposed project entails setting up a new investment regional facility in Sub-Saharan Africa (DARP SA Nimble) under IFC’s Distressed Assets Recovery Program (DARP), to acquire and resolve unsecured retail non-performing loans (NPLs) in South Africa, Namibia, Lesotho, Eswatini, Botswana and Kenya (Target Markets) as well as single asset investments in South Africa. The proposed facility will have US$148 million equivalent in ZAR in available committed capital, of which IFC will commit up to US$40 million as senior debt, Nimble Group (Pty) Ltd (Nimble) will commit up to US$35 million as junior debt, and other senior lenders will provide the balance (the Project). |
Original sub-sector | Obfuscated |
Original Currency | USD |
Original budget | 000000000000000 |
Procurement method | Obfuscated Data |
Budget | 000000000000000 |
Location
Region | Obfuscated |
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Source
Source reliability | High |
Data quality score | 100% |
Source | Obfuscated Data |
URL | obfuscated_data,obfuscateddata.com |
More Details
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Article Published Date | Obfuscated Data |