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Proyecto DCM #5

Sector: Digital Economy • Location: Brazil

Source: Inter-American Development Bank (IADB)

Project
Repaid

IDB Invest is considering making an investment of up to BRL150,000,000 in securities of the credit rights investment fund (“FIDC” in the Portuguese acronym) constituted in Brazil. The investment will be made in the local currency of Brazil.The proceeds from this operation will be used to acquire credit rights originated from loans provided to small and medium enterprises operating on the on-line c

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The project “Proyecto DCM 5” is an infrastructure initiative in the Digital Economy sector, located in Brazil. Taiyo aggregates data on it from Inter-American Development Bank (IADB).

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Participants

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Status

Original status

repaid

Taiyo status

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Email

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Description

Description

IDB Invest is considering making an investment of up to BRL150,000,000 in securities of the credit rights investment fund (“FIDC” in the Portuguese acronym) constituted in Brazil. The investment will be made in the local currency of Brazil.The proceeds from this operation will be used to acquire credit rights originated from loans provided to small and medium enterprises operating on the on-line commerce platform (the “Platform” or the “Client”) in Brazil.IDB Invest's commitment to the purchase of the securities would be subject to compliance with certain conditions, including the acceptance by the company of compliance with the environmental and social policies of IDB Invest while IDB Invest holds the securities of FIDC.

Original sub-sector

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Original Currency

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Original budget

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Source

Source reliability

High

Data quality score

100%

Source

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URL

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More Details

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