IDB Invest contributes to HMC fund

IDB Invest contributes to HMC fund

Debt Capital Markets Corporate & Sovereign Strategy Equity Funds Chile Latin America Colombia Peru Coronavirus

IDB Invest, the private sector division of the Inter-American Development Bank (IDB) Group, has committed $20 million to the HMC Andean Private Debt Investment Fund to provide financing for medium-sized companies in Chile, Colombia and Peru that have been hit by the COVID-19 pandemic. "The transaction seeks to increase private fund offerings, which consist of an alternative source of funding that complements the financing of commercial banking, reducing the financing gap available for medium-siz

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