IFC Provides Minerva Funds

IFC Provides Minerva Funds

Brazil Funds Loans

The IFC has agreed to provide a BRL138m ($60.5m) loan to Brazilian meatpacker Minerva, and also invest some BRL47m in equity, it says. The 10-year, CDI+2.35% loan and the equity will help support Minerva’s 5-year regional expansion plan, LatinFinance

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