Project Detail |
PROJECT NUMBER 14181-01 The proposed operation consists of a senior unsecured loan to Banco for an amount up to US$20 million, which is expected to be compromised as follows: (i) a Committed tranche consisting of an A Loan of up to US$10 million to be financed by IDB Invest, (ii) Tranche II: an Uncommitted tranche consisting of an A Loan of up to US$5 million, to be financed by IDB Invest; and (iii) a B Loan for an approximate amount of US5 million to be financed by institutional investors. The operation will have a term of up to five years, with a grace period of up to two years and semi-annual amortization. The funds from the operation will be used to finance small and medium-sized producers in the agricultural and livestock sectors of Paraguay, which will contribute to increasing food production in Paraguay. |