February 18, 2020
Panama-based digital travel and accommodation platform Selina has requested an A/B loan for up to $60 million from IDB Invest, according to information on the multilateral lender's website.
IDB Invest could lend up to $35 million itself and arrange a B loan for up to $25 million to support Selina's growth plans in Latin America and the Caribbean.
Selina will use the money to cover working capital needs and make potential short-term asset purchases, according to IDB Invest.
Selina rents or buys p
Panama-based digital travel platform asks for a $60 mln A/B loan through the multilateral lender