Daycoval gets another IFC loan

Daycoval gets another IFC loan

Bonds Structured Finance Loans Brazil

Banco Daycoval has received $250m in financing through the IFC to increase small business loans in Brazil.The financing package includes a five-year, $63.6m direct loan from the IFC and a two-year syndicated loan, split between an $80m dollar-denominated tranche and a €55.5m ($58.4m) euro-denominated tranche, the IFC said in a statement.Eleven banks took part in the syndicated loan – BAC Florida Bank, Bancaribe, Commerzbank, ICBC, Itau BBA, MicroVest, Republic Bank, responsAbility Inve

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