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IADB closes syndicated loan for Brazil’s Embraport
28 November 2011
Commercial banks have joined the IADB under an A/B loan structure for Brazil’s important Embraport project.
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Inter-American Development Bank
IADB
Embraport
Brazil
WestLB
HSBC
Caixa Geral de Depositos
Santander
BNDES
The Inter-American Development Bank (IADB) has closed a $430 million syndicated loan with a group of four international commercial participants to finance the important logistical Embraport project.
Commercial banks WestLB, HSBC, Caixa Geral de Depositos, and Santander have joined the loan under the A/B loan programme.
The loan was granted to Empresa Brasileira de Terminais Portuários (Embraport), which is responsible for the project. The...
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