IDB Invest, IFC lead loan for LD Celulose

IDB Invest, IFC lead loan for LD Celulose

Loans Debt Structured Finance Brazil Europe United States

IDB Invest and IFC are leading a $600m loan for LD Celulose to build a dissolving wood pulp facility in Brazil, according to a document from IDB Invest. The two multilateral lenders have split the underwriting duties loan evenly. IDB Invest said it will provide a 10-year loan for up to $200m with its owns funds and contribute up to $50m from the China Co-Financing Fund for Latin America and the Caribbean. It added that it will arrange a seven-year B loan with "international financial institution

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