WCS COVID Santander Brasil
Sector: Consumer Products • Location: Brazil
Source: International Finance Corporation (IFC)
The proposed investment envisages a senior debt facility of up to US$100 million to Banco Santander (Brasil) S.A. (“Santander” or the “Bank”) under IFC’s COVID-19 Working Capital Solutions (“WCS”) Crisis Response Facility. The proposed WCS loan consists of a one-year facility, renewable for up to one additional year, and will be allocated as follows: (i) US$50 million for the Bank’s climate-relate
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Participants
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Company | Obfuscated Data |
Status
Original status | completed |
Taiyo status | Obfuscated Data |
Taiyo last update | 00-00-0000 |
Available timestamps | 00-00-0000 |
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Contact
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Description
Description | The proposed investment envisages a senior debt facility of up to US$100 million to Banco Santander (Brasil) S.A. (“Santander” or the “Bank”) under IFC’s COVID-19 Working Capital Solutions (“WCS”) Crisis Response Facility. The proposed WCS loan consists of a one-year facility, renewable for up to one additional year, and will be allocated as follows: (i) US$50 million for the Bank’s climate-related lending program to Brazilian small and medium enterprises (“SMEs”) and/or individuals and (ii) US$50 million for the Bank’s working capital lending program to Brazilian SMEs, of which at least 20% of the loan proceeds will be earmarked to support women and women-owned/women-led enterprises (the “Project”). |
Original sub-sector | Obfuscated |
Original Currency | USD |
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Location
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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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