October 13, 2021
IDB Invest, the private sector affiliate of the Inter-American Development Bank (IDB), said Tuesday that it arranged $200 million in long-term financing for a new port terminal concession at Puerto Antioquia in Colombia.
IDB Invest agreed to provide a $150 million loan from its own account and deploy $50 million in 17-year financing from funds that it administers, the multilateral lender said in a press release.
The financing comes with terms that are "not available in the open market, necessary
IDB's private sector affiliate provides $200 mln in long-term financing for a $672 mln terminal on Colombia's northern coast