DCM BAOBAB SN Bond
Sector: Raw Materials • Location: Senegal
Source: International Finance Corporation (IFC)
The proposed project consists of an anchor investment of up to XOF5 billion (US$8.4 million equivalent) in Baobab Senegal (BBSN)’s Sustainable Bond Issuance (XOF20 billion or about US$33.7 million), the first from the private sector in the WAEMU. This investment will take the form of an unfunded risk participation for the African Local Currency Bond Fund Limited SICAV-RAIF (ALCBF or the Fund), a d
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 | 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 an anchor investment of up to XOF5 billion (US$8.4 million equivalent) in Baobab Senegal (BBSN)’s Sustainable Bond Issuance (XOF20 billion or about US$33.7 million), the first from the private sector in the WAEMU. This investment will take the form of an unfunded risk participation for the African Local Currency Bond Fund Limited SICAV-RAIF (ALCBF or the Fund), a dedicated pan-African structured debt fund and an IFC client that will invest on IFC's behalf. At least 40 percent of the Bond proceeds will support women-owned/led MSMEs (WMSMEs) (the Project). Despite the unfunded participation through ALCBF, IFC will have direct recourse to BBSN in the event of a material policy breach. |
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 |