Ceara Bags IDB Funds

Ceara Bags IDB Funds

Bonds Structured Finance

The IDB has approved a $45m loan to help improve living conditions and social integration of children, adolescents, and young people at social risk and their families in the Brazilian state of Ceara. The funds will also contribute to advance municipal and state management capacity, particularly in the social field. The loan is for a 25-year term, with a 5-year grace period, and carries a variable Libor-based interest rate. The total cost of the project is $64.3m, with $19.3m to be provided in lo

Already have an account?

Free trial

Take a free two-week trial now for the latest news, data and market analysis.

Free Trial