FHipo borrows from IFC

FHipo borrows from IFC

Corporate & Sovereign Strategy World Bank Loans Mexico

Mexican mortgage REIT Fideicomiso Hipotecario (FHipo) has signed a new revolving credit line of up to MXN 2.6 billion ($126 million) with the International Finance Corporation (IFC), according to a securities filing. FHipo will use the credit line to finance the acquisition of eligible mortgages while preserving sufficient levels of liquidity, the Mexico City-based REIT said in the filing. The credit line will allow the company to keep "seeking the best opportunities and maximizing profitability

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