Selina seeks financing from IDB Invest

Selina seeks financing from IDB Invest

Loans Debt Corporate & Sovereign Strategy Panama

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

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