IDB Invest leads loan for Sofisa

IDB Invest leads loan for Sofisa

Loans Debt Brazil United States Canada France

IDB Invest, an affiliate of the Inter-American Development Bank (IDB), said Friday that it arranged $200 million in financing for Brazilian lender Banco Sofisa to offer more loans to small and medium-sized enterprises (SMEs). IBD Invest contributed $50 million and deployed $25 million from the China Fund for Latin America and the Caribbean. Proparco, a development bank affiliated with French development agency AFD, supplied $30 million, while FinDev Canada added $20 million, the Washington DC-ba

Already have an account?

Free trial

Take a free two-week trial now for the latest news, data and market analysis.

Free Trial