January 5, 2018 |
FMO agreed to disburse two loans in December, one in Ecuador and the other in the Dominican Republic, rounding out a strong year for the development bank's efforts in Latin America.
The Dutch lender was bookrunner on an eight-year $36m loan to Comercializadora Internacional Ciecopalma, which also incorporated a commitment from the IDB, according to a term sheet from Dealogic. The Ecuadorian food and beverage producer will use the funds for general corporate purposes.
FMO also approved a 15.7-yea
Dutch development bank lends more than $70m to Ecuadorean, Dominican corporates