Navy Blue
Sector: Raw Materials • Location: Chile
Source: International Finance Corporation (IFC)
The proposed investment consists of: (i) an equity investment of up to US$20 million equivalent in Chilean pesos (CLP) in newly issued common shares of Tanner Servicios Financieros S.A. (“Tanner” or the “Company”) to support the Company’s growth during the setup of a full commercial bank, and (ii) a 5-year senior unsecured convertible loan for up to US$20 million (the “C Loan”) to finance the Comp
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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 |
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 consists of: (i) an equity investment of up to US$20 million equivalent in Chilean pesos (CLP) in newly issued common shares of Tanner Servicios Financieros S.A. (“Tanner” or the “Company”) to support the Company’s growth during the setup of a full commercial bank, and (ii) a 5-year senior unsecured convertible loan for up to US$20 million (the “C Loan”) to finance the Company and new bank’s electro mobility sub-projects and micro, small and medium enterprises (MSMEs) portfolio, including women-owned small and medium enterprises (WSMEs) (the “Project”).In January 2024, Tanner obtained a provisional authorization from the regulator to establish a banking subsidiary, the first of a 3-stage phased approval process. IFC will support the Company with capital to facilitate the transformation process. |
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 |