IIC supports Banco do Brasil loans

IIC supports Banco do Brasil loans

Structured Finance Brazil Loans

The IIC said it has arranged $500m in funding for the state-owned lender Banco do Brasil to increase financing for small agribusinesses in Brazil. The financing package has a five-year $100m A loan from the IIC and a two-year $400m B loan from five banks – HSBC, Mizuho, National Bank of Kuwait (NBK), Santander, Standard Chartered and Wells Fargo.  The A loan will finance small and medium enterprises (SMEs) in the northeast and other "underserved" parts of the country, while the B loan will go

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