Colombia Bags IDB, WBank Money

Colombia Bags IDB, WBank Money

Bonds Structured Finance

Colombia is getting a $21.3m loan from the IDB to strengthen judicial services by decongesting the case docket, improve and consolidate case-law information, enhance quality of services provided by the Colombian High Courts, and improve citizen's perception of the judiciary. This loan features a 20-year term, with a 5.5-year disbursement and grace periods, and a Libor-based interest rate. Separately, the World Bank has approved $25m to improve the quality of and the access to information in Colo

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