December 22, 2021 |
Chilean wood products maker Masisa said that it has taken out a five-year bilateral loan for up to $35 million from IDB Invest to finance its 2021-23 investment plan and working capital needs.
The loan from IDB Invest, the private sector affiliate of the Inter-American Development Bank, will be tied to environmental, social and governance (ESG) criteria, Masisa said late Monday in a securities filing without providing further details.
IDB Invest said the funds will go toward launching new lines
Chilean wood products maker picks up $35 mln from IDB Invest