IDB Invest funds food security and dairy producers

IDB Invest funds food security and dairy producers

Debt Capital Markets Loans Corporate & Sovereign Strategy Economy & Policy Central America Guatemala Honduras El Salvador Latin America Uruguay

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

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