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Types of Financing
The IDB Group uses loans, grants, guarantees and investments to fund development programs.
CR-L1012 : ICE Debt Refinancing
| Project Description: The purpose of the operation is to refinance certain outstanding loans. The proposed NSG operation will provide ICE with a more efficient structure that has longer maturities and those more consistent with the long-term nature of its investments, freeing-up a portion of cash flow currently used for debt service to be re-directed to investments to improve service quality and coverage, as well as to meet working capital requirements to maintain the growth of its operations. |
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| Procurement Information |
| News Release: Dec 5, 2007 - IDB approves up to $381 million in debt refinancing for Costa Rica’s ICE |
Basic Information | ||||||||||||||||||||||||||||||||
| Project Number | CR-L1012 | |||||||||||||||||||||||||||||||
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| Country | Costa Rica | |||||||||||||||||||||||||||||||
| Sector | Energy | |||||||||||||||||||||||||||||||
| Subsector | Energy | |||||||||||||||||||||||||||||||
| Project Type | Loan Operation | |||||||||||||||||||||||||||||||
| Project Subtype | Private Sector Investment | |||||||||||||||||||||||||||||||
Financial Information Summary | ||
| Total Cost - Historic | USD 381,000,000 | |
IDB Financing | ||
| Reporting currency(ies) | USD - United States Dollar | |
| Approved Amount(s) | USD 171,000,000 | |
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