Cadu asks for multilateral loan

Cadu asks for multilateral loan

Loans Debt Bonds Capital Markets Fixed Income Mexico US

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

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