IDB Signs Peru, Argentina Loans

IDB Signs Peru, Argentina Loans

Bonds Structured Finance

The IDB has agreed just over $500m in loans for Peru and Argentina. The package includes a $200m loan to expand potable water and sanitation services in the Buenos Aires metropolitan area and suburbs, to be executed by Agua y Saneamientos Argentinos. It is the first loan from a $720m conditional credit line for investment projects, and the project is part of a wider expansion program which seeks to add 1.5m users to the water service and 1.4m to the sewer system between now and 2011. Separately,

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