June 5, 2020
Mexican real estate developer Cadu Inmobiliaria has requested up to MXN800 million ($36.5 million) in financing from IDB Invest, part of the Inter-American Development Bank (IDB), to fund a green bond sale and build housing for low- and middle-income families.
IDB Invest could provide up to MXN500 million in partial credit guarantees to cover as much as 50% of a planned sale of seven-year green bonds. It could also supply a five-year revolving credit facility for as much as MXN300 million to fin
Mexican real estate developer seeks up to $37 mln from IDB Invest for green housing projects