January 17, 2022
The International Finance Corporation (IFC) said Friday that it had brought in two lenders, Itaú BBA and SMBC, for a $30 million loan to Brazilian data center operator Odata.
The eight-year financing complements a nine-year, $30 million facility that IFC granted to Odata in November 2020, the World Bank's private sector division said in a press release. Odata will use the proceeds from both tranches to expand three data centers in Brazil, IFC added.
"After the COVID-19 pandemic, increased invest
Itaú BBA and SMBC join a new eight-year, $30 mln tranche for the Brazilian data center operator