devinitorg/iati-policy-markers huggingface dataset:
Mexarrend — Partial Guarantee Facility for Social Bonds in Mexico The Project consists in a guarantee facility to be granted to Mexarrend, S.A.P.I. de C.V. (the “Issuer”) for up to MXN500 million, about US$25 million, with a tenor of up to three years. The first partial credit guarantee (“PCG”) granted under the Facility will amount to up to MXN250 million, the equivalent to 50% of the total common senior partially-secured long-term corporate bonds (the “Bonds”) to be issued by the Issuer. The Bonds will be preferably considered Social Bonds, with a gender and financial inclusion approach . The proceeds from the bond issuance will be used to fund leases to be granted in Mexico to small and medium-sized enterprises (“SMEs”). Because they would be Social Bonds, they would be gender and financial inclusion oriented. The Project will be supplemented with technical advisory services to help finalize the issuance and other strategic aspects for the Issuer. The Project consists in a guarantee facility to be granted to Mexarrend, S.A.P.I. de C.V. (the “Issuer”) for up to MXN500 million, about US$25 million, with a tenor of up to three years. The first partial credit guarantee (“PCG”) granted under the Facility will amount to up to MXN250 million, the equivalent to 50% of the total common senior partially-secured long-term corporate bonds (the “Bonds”) to be issued by the Issuer. The Bonds will be preferably considered Social Bonds, with a gender and financial inclusion approach . The proceeds from the bond issuance will be used to fund leases to be granted in Mexico to small and medium-sized enterprises (“SMEs”). Because they would be Social Bonds, they would be gender and financial inclusion oriented. The Project will be supplemented with technical advisory services to help finalize the issuance and other strategic aspects for the Issuer.
Produbanco Sustainable Bond The Project consists of supporting Produbanco (“PB”) in the first issuance of a Sustainable Bond in the private sector of Ecuador. The total amount of the Bond is up to US$50 million divided in twoseries:(i)Serie A where IDB Invest will act as an investor with a 100% subscription for an amount of up to US$40 million; and (ii) Serie B, where IDB Invest or IDB, the latter as administrator of the Canadian Climate Fund (C2F), will act as an investor with a 100% subscription for an amount of up to US$10million. The Serie B will be subject to economic incentives upon compliance of key performance indicators. The funds from the medium-term Bond will be used to finance small and medium-sized companies (SMEs) and PB's green portfolio. Additionally, IDB Invest will provide an advisory service to define the roadmap for PB’s NetZero Goal. This will allow it to work towards achieving the commitments assumed to the Net-Zero Banking Alliance initiative to align its loan and investment portfolio with net zero emissions by 2050. Additionally, Produbanco will be supported in the process of structuring the framework and certification of the sustainable bond. The Project consists of supporting Produbanco (“PB”) in the first issuance of a Sustainable Bond in the private sector of Ecuador. The total amount of the Bond is up to US$50 million divided in twoseries:(i)Serie A where IDB Invest will act as an investor with a 100% subscription for an amount of up to US$40 million; and (ii) Serie B, where IDB Invest or IDB, the latter as administrator of the Canadian Climate Fund (C2F), will act as an investor with a 100% subscription for an amount of up to US$10million. The Serie B will be subject to economic incentives upon compliance of key performance indicators. The funds from the medium-term Bond will be used to finance small and medium-sized companies (SMEs) and PB's green portfolio. Additionally, IDB Invest will provide an advisory service to define the roadmap for PB’s NetZero Goal. This will allow it to work towards achieving the commitments assumed to the Net-Zero Banking Alliance initiative to align its loan and investment portfolio with net zero emissions by 2050. Additionally, Produbanco will be supported in the process of structuring the framework and certification of the sustainable bond.
Cia. de Empaques The Project seeks to provide support to Compañía de Empaques S.A. (the “Company”) in the issuance of its first Sustainability Linked Bond (“SLB”). The total amount of the bond will be up to COP 50,000 million, amortizable in five years, regarding which IDB Invest will act as investor subscribing 100% of the issuance. The bond will include financial incentives if the Company meets certain key performance indicators (“KPIs”) related to environmental and/or social issues. The funds of the medium-term bond will be used to finance the expansion of the production of more sustainable packaging and the strengthening of the supply chain made up by about 2,500 fique producers from rural and indigenous communities located in the Department of Antioquia and in areas such as Nariño, Cauca, Boyacá and Cundinamarca in Colombia. In addition, IDB Invest will support the Company providing technical assistance in the bond issuance preparation by: i) defining the KPIs and goals needed for the SLB and related to the Company’s sustainability strategy to be used as input to develop the issuance framework; and ii) providing the external opinion or Second Party Opinion (“SPO”) to be given as a result of the bond issuance in line with International Capital Markets Association (“ICMA”) requirements, emphasizing that it will be the first transaction of this type for IDB Invest in Colombia.The impact of this project was highlighted on our 2021 Annual Report. The Project seeks to provide support to Compañía de Empaques S.A. (the “Company”) in the issuance of its first Sustainability Linked Bond (“SLB”). The total amount of the bond will be up to COP 50,000 million, amortizable in five years, regarding which IDB Invest will act as investor subscribing 100% of the issuance. The bond will include financial incentives if the Company meets certain key performance indicators (“KPIs”) related to environmental and/or social issues. The funds of the medium-term bond will be used to finance the expansion of the production of more sustainable packaging and the strengthening of the supply chain made up by about 2,500 fique producers from rural and indigenous communities located in the Department of Antioquia and in areas such as Nariño, Cauca, Boyacá and Cundinamarca in Colombia. In addition, IDB Invest will support the Company providing technical assistance in the bond issuance preparation by: i) defining the KPIs and goals needed for the SLB and related to the Company’s sustainability strategy to be used as input to develop the issuance framework; and ii) providing the external opinion or Second Party Opinion (“SPO”) to be given as a result of the bond issuance in line with International Capital Markets Association (“ICMA”) requirements, emphasizing that it will be the first transaction of this type for IDB Invest in Colombia.The impact of this project was highlighted on our 2021 Annual Report.
Movistar Colombia CAPEX <p>Movistar Colombia CAPEX</p> <p>Movistar Colombia CAPEX</p>
La Hipotecaria - Colombia Guarantee Effective January 1, 2016, this operation is being managed by the Inter-American Investment Corporation (IIC). For information disclosed by the Inter-American Development Bank (IDB) before that date, please refer to the Projects section on the IDB website. Effective January 1, 2016, this operation is being managed by the Inter-American Investment Corporation (IIC). For information disclosed by the Inter-American Development Bank (IDB) before that date, please refer to the Projects section on the IDB website.
Banco Promerica Guatemala -TFFP <p>Effective January 1, 2016, this operation is being managed by the Inter-American Investment Corporation (IIC). For information disclosed by the Inter-American Development Bank (IDB) before that date, please refer to the Projects section on the IDB website.</p> <p>Effective January 1, 2016, this operation is being managed by the Inter-American Investment Corporation (IIC). For information disclosed by the Inter-American Development Bank (IDB) before that date, please refer to the Projects section on the IDB website.</p>
Banco Continental BBVA - TFFP <p>Effective January 1, 2016, this operation is being managed by the Inter-American Investment Corporation (IIC). For information disclosed by the Inter-American Development Bank (IDB) before that date, please refer to the Projects section on the IDB website.</p> <p>Effective January 1, 2016, this operation is being managed by the Inter-American Investment Corporation (IIC). For information disclosed by the Inter-American Development Bank (IDB) before that date, please refer to the Projects section on the IDB website.</p>
Constructoras ICA, S.A. de de C.V. The IIC loan will comprise an A loan of up to US$3.5 million and a B loan of up to US$11.0 million, for a total of up to US$14.5 million. The purpose of this IIC operation is to provide Constructoras ICA, S.A. de C.V. ("CICASA") with financing to meet previously assumed capitalization requirements at Los Portales S.A. ("Los Portales"), a Peruvian company in which it holds shares. This will enable Los Portales to, among others, expand its activities, mainly in the low income housing segment in the interior of Peru.	The proceeds of the IIC loan will also be used to finance CICASA’s working capital requirements in Mexico.	CICASA is a Mexican construction company that is part of Grupo ICA. The IIC loan will comprise an A loan of up to US$3.5 million and a B loan of up to US$11.0 million, for a total of up to US$14.5 million. The purpose of this IIC operation is to provide Constructoras ICA, S.A. de C.V. ("CICASA") with financing to meet previously assumed capitalization requirements at Los Portales S.A. ("Los Portales"), a Peruvian company in which it holds shares. This will enable Los Portales to, among others, expand its activities, mainly in the low income housing segment in the interior of Peru.	The proceeds of the IIC loan will also be used to finance CICASA’s working capital requirements in Mexico.	CICASA is a Mexican construction company that is part of Grupo ICA.
Grupo Oleana Oleana is in the process of expanding its operations, including: (a) the construction, operation and maintenance of a new refinery; (b) expand the extraction operation for palm crude oil (CPO) and palm kernel oil (PKO); (c) provide refinancing of existing financial debt and soft finance costs of the Project and (d) support permanent working capital needs. Oleana is in the process of expanding its operations, including: (a) the construction, operation and maintenance of a new refinery; (b) expand the extraction operation for palm crude oil (CPO) and palm kernel oil (PKO); (c) provide refinancing of existing financial debt and soft finance costs of the Project and (d) support permanent working capital needs.
La Mata La Mata consists in financing the construction and development of a PV solar plant Sponsored by Solarpack. La Mata with a total aggregate installed capacity of80 MWac, is located in the municipality of La Gloria, Department of Cesar, Colombia. The project was awarded with a 15-year PPA in the Third Long Term Contract Auction that was organized by the Colombian Mines and Energy Ministry in 2021. The project is in development stage, with secured interconnection, secured site and advanced stage of environmental approvals.IDB Invest's participation will help to supplement long-term financing for the project with participation from the United Kingdom Sustainable Infrastructure Program (UK SIP) Blended Financing Fund administered by the IDB Group, and in collaboration with a local bank, providing funds in Colombian pesos. La Mata consists in financing the construction and development of a PV solar plant Sponsored by Solarpack. La Mata with a total aggregate installed capacity of80 MWac, is located in the municipality of La Gloria, Department of Cesar, Colombia. The project was awarded with a 15-year PPA in the Third Long Term Contract Auction that was organized by the Colombian Mines and Energy Ministry in 2021. The project is in development stage, with secured interconnection, secured site and advanced stage of environmental approvals.IDB Invest's participation will help to supplement long-term financing for the project with participation from the United Kingdom Sustainable Infrastructure Program (UK SIP) Blended Financing Fund administered by the IDB Group, and in collaboration with a local bank, providing funds in Colombian pesos.
BDMG Municipal Infrastructure and Services Financing Partnership <p>Effective January 1, 2016, this operation is being managed by the Inter-American Investment Corporation (IIC). For information disclosed by the Inter-American Development Bank (IDB) before that date, please refer to the Projects section on the IDB website.</p> <p>Effective January 1, 2016, this operation is being managed by the Inter-American Investment Corporation (IIC). For information disclosed by the Inter-American Development Bank (IDB) before that date, please refer to the Projects section on the IDB website.</p>
Interhospital (EC3913A-01) <p>Interhospital (EC3913A-01)</p> <p>Interhospital (EC3913A-01)</p>
Edilar, S.A. de C.V. Edilar S.A. de C.V. is a Mexican company that markets instructional and cultural materials to public school teachers in 27 states across Mexico and provides them with funding under the Programa Nacional de Bibliotecas Magisteriales (PNBM – an educational and cultural program) to purchase these materials, with a view to enhancing teacher professional development and improving teaching practices. It also provides microcredit to teachers for professional development through the Programa de Apoyo para la Formación Continua (PAFC), a program that provides support for continuing education.The purpose of this IIC operation is to provide Edilar with financing for expansion of the company’s sales and related financing of instructional and cultural materials to teachers. Edilar S.A. de C.V. is a Mexican company that markets instructional and cultural materials to public school teachers in 27 states across Mexico and provides them with funding under the Programa Nacional de Bibliotecas Magisteriales (PNBM – an educational and cultural program) to purchase these materials, with a view to enhancing teacher professional development and improving teaching practices. It also provides microcredit to teachers for professional development through the Programa de Apoyo para la Formación Continua (PAFC), a program that provides support for continuing education.The purpose of this IIC operation is to provide Edilar with financing for expansion of the company’s sales and related financing of instructional and cultural materials to teachers.
Potasio Río Colorado, S.A.- Stage II <p>Potasio Río Colorado, S.A.- Stage II</p> <p>Potasio Río Colorado, S.A.- Stage II</p>
Banco Ademi: Access to Home Improvement Financing for the BOP in DR <p>Effective January 1, 2016, this operation is being managed by the Inter-American Investment Corporation (IIC). For information disclosed by the Inter-American Development Bank (IDB) before that date, please refer to the Projects section on the IDB website.</p> <p>Effective January 1, 2016, this operation is being managed by the Inter-American Investment Corporation (IIC). For information disclosed by the Inter-American Development Bank (IDB) before that date, please refer to the Projects section on the IDB website.</p>
Barbados Port Inc Aggregate Berth <p>Barbados Port Inc Aggregate Berth</p> <p>Barbados Port Inc Aggregate Berth</p>
Inkaterra Sustainable Tourism <p>Inkaterra Sustainable Tourism</p> <p>Inkaterra Sustainable Tourism</p>
Energía Integral Andina <p>Energía Integral Andina</p> <p>Energía Integral Andina</p>
Dominion Nonwoven Sudamericana, S.A. <p>Dominion Nonwoven Sudamericana, S.A.</p> <p>Dominion Nonwoven Sudamericana, S.A.</p>
Alliance with Factotal Peru to Promote Factoring in Peru The Project aims to finance Micro, Small and Medium-Sized Enterprises ("MSMEs") through factoring operations in Peru. The proposed financing will consist of a syndicated senior loan of up to US$10million comprised of: (i) a senior A loan of up to US$5 million financed by IDB Invest; and (ii) a senior B loan of up to US$5 million to be financed through a B lender. The loan will have a term of up to three years. The Project will also enable Factotal Peru S.A. to improve the offer of its financial services to its clients, diversify its sources of funding, and, simultaneously, improve the structure of its assets and liabilities. The Project aims to finance Micro, Small and Medium-Sized Enterprises ("MSMEs") through factoring operations in Peru. The proposed financing will consist of a syndicated senior loan of up to US$10million comprised of: (i) a senior A loan of up to US$5 million financed by IDB Invest; and (ii) a senior B loan of up to US$5 million to be financed through a B lender. The loan will have a term of up to three years. The Project will also enable Factotal Peru S.A. to improve the offer of its financial services to its clients, diversify its sources of funding, and, simultaneously, improve the structure of its assets and liabilities.
Austral Foods S.A. Austral Food processes and exports fresh/refrigerated and frozen fish, particularly deep-sea cod, albacore, southern hake, salmon, and a variety of other fish and seafood. Austral Food purchases fresh fish from local independent fishermen and international suppliers. At its plant, Austral processes and packages the fish according to the clients’ requests and either freezes the product or ships it fresh/refrigerated to international markets. A percentage is sold locally. Austral requested an IIC loan of US$3 million to finance working capital. Austral has found new sources to supply fish, which will allow it to significantly increase sales. To do so the company needs to finance a larger inventory and accounts receivable, since raw materials are purchased on a cash basis. Austral Food processes and exports fresh/refrigerated and frozen fish, particularly deep-sea cod, albacore, southern hake, salmon, and a variety of other fish and seafood. Austral Food purchases fresh fish from local independent fishermen and international suppliers. At its plant, Austral processes and packages the fish according to the clients’ requests and either freezes the product or ships it fresh/refrigerated to international markets. A percentage is sold locally. Austral requested an IIC loan of US$3 million to finance working capital. Austral has found new sources to supply fish, which will allow it to significantly increase sales. To do so the company needs to finance a larger inventory and accounts receivable, since raw materials are purchased on a cash basis.
Cocorisa II Corrugadora de Costa Rica S.A. is a Grupo CYBSA company that produces corrugated boxes. The purpose of the project is to improve the company’s cash flow by providing financing for permanent working capital, releasing revolving credit lines for financing the company’s seasonal and short-term growth.The IIC loan to Cocorisa entails two significant benefits. It provides financing that is otherwise scarce and difficult to obtain in Costa Rica. The loan will also support an industry that has a significant value-added component because it provides indirect support for Costa Rica’s export sector—especially for agricultural exports, which need differentiated packaging to protect perishable products. Corrugadora de Costa Rica S.A. is a Grupo CYBSA company that produces corrugated boxes. The purpose of the project is to improve the company’s cash flow by providing financing for permanent working capital, releasing revolving credit lines for financing the company’s seasonal and short-term growth.The IIC loan to Cocorisa entails two significant benefits. It provides financing that is otherwise scarce and difficult to obtain in Costa Rica. The loan will also support an industry that has a significant value-added component because it provides indirect support for Costa Rica’s export sector—especially for agricultural exports, which need differentiated packaging to protect perishable products.
CMI Alimentos The proposed transaction consists of a syndicated loan led by IDB Invest of up to US$350 million, with a 5-year term including a grace period of up to 1.5 years, of which US$100 million will be financed by the Inter-American Development Bank Group (IDB Group), US$50 million by third-party funds administered by the IDB and the rest with other mobilization of funds (the "Loan"). The Loan will be used: (i) to finance fixed investments of 16 companies of CMI Alimentos located in Guatemala, El Salvador, Honduras, Costa Rica and Dominican Republic, for a total amount of up to US$210 million, to continue expanding their operations, improving their productivity levels, renew fixed assets and carry out environmental projects, and (ii) to finance the purchase of 50% of the shares of Procesadora Nacional de Alimentos CA (Pronaca) in Ecuador, for an amount of up to US$140 million, to support the inorganic expansion of CMI Alimentos (the "Project").CMI Alimentos is the main business division of Corporación Multi Inversiones ("CMI"), one of the most important economic groups in Central America with operations in 9 countries. The economic activities of CMI Alimentos include the production of chicken, pork and derived products (Industria Pecuaria), the production of wheat flour, corn, pasta and cookies (Molinos Modernos), and the operation of fast food restaurants (Restaurantes de Centroamerica). The proposed transaction consists of a syndicated loan led by IDB Invest of up to US$350 million, with a 5-year term including a grace period of up to 1.5 years, of which US$100 million will be financed by the Inter-American Development Bank Group (IDB Group), US$50 million by third-party funds administered by the IDB and the rest with other mobilization of funds (the "Loan"). The Loan will be used: (i) to finance fixed investments of 16 companies of CMI Alimentos located in Guatemala, El Salvador, Honduras, Costa Rica and Dominican Republic, for a total amount of up to US$210 million, to continue expanding their operations, improving their productivity levels, renew fixed assets and carry out environmental projects, and (ii) to finance the purchase of 50% of the shares of Procesadora Nacional de Alimentos CA (Pronaca) in Ecuador, for an amount of up to US$140 million, to support the inorganic expansion of CMI Alimentos (the "Project").CMI Alimentos is the main business division of Corporación Multi Inversiones ("CMI"), one of the most important economic groups in Central America with operations in 9 countries. The economic activities of CMI Alimentos include the production of chicken, pork and derived products (Industria Pecuaria), the production of wheat flour, corn, pasta and cookies (Molinos Modernos), and the operation of fast food restaurants (Restaurantes de Centroamerica).