IDEI Green PCG
Sector: Commercial • Location: Mexico
Source: International Finance Corporation (IFC)
The proposed investment entails an up to MXN500m (~US$24m equivalent) unfunded Partial Credit Guarantee (“PCG”) to support Internacional de Inversiones S.A.P.I. de C.V. (“IDEI” or the “Company”) on its first ever public bond issuance of MXN1b (the “Bond”). Its proceeds will finance the development of new EDGE-certified green building residential projects (60%) and refinance the current debt (40%)
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 | pending |
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 investment entails an up to MXN500m (~US$24m equivalent) unfunded Partial Credit Guarantee (“PCG”) to support Internacional de Inversiones S.A.P.I. de C.V. (“IDEI” or the “Company”) on its first ever public bond issuance of MXN1b (the “Bond”). Its proceeds will finance the development of new EDGE-certified green building residential projects (60%) and refinance the current debt (40%) of existing green office buildings owned by the Company, as a Green Bond (the “Project”). IDEI is a Mexican property development company with a product offering ~90% focused on the residential segment with secondary exposure to income-generating commercial property. The Company has a solid track record with more than 13,000 houses and apartments sold, being the market leader in the vertical housing segment of Monterrey. |
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 |