January 26, 2021 |
IDB Invest, part of the Inter-American Development Bank (IDB), said Monday that it granted a loan for $75 million to Corporación Multi Inversiones (CMI Alimentos), a large food group in Latin America.
"The financing consists of a $50 million loan from IDB Invest's own funds and the mobilization of $25 million from the Chinese Co-financing Fund for Latin America," IDB Invest said.
The loan aims to ensure liquidity in the medium term and support the corporation's operations' continuity and reactiv
Multilateral lender supplies $75 mln to reinforce food security in Central America, $20 mln for dairy producers in Uruguay