Ixe Capital Markets Guarantee Facility

Under the proposed 3-year CNGF1, IDB will provide PCGs in respect of issues by eligible Mexican private corporations, including fianncial institutions or SPVs issuing corporate and/or asset-backed fixed-income securities placed by IXE in the local capital markets of Mexico. It is anticipated that the corporate or structured bonds, benifiting form an IDB PCG would be placed by means of public offerings, though private placement offerings could be undertaken. The program would make available an aggregate IDB amount up to 450 million UDIs2 (equivalent to approximately US$181 million as of August 1, 2008). Issuers under the CMGF could be first-time issuers in the market and/or issuers with limited access to debt tenors beyond 1 to 3 years without the support of an IDB credit enhancement.

Project Detail

Country

Mexico

Project Number

ME-L1038

Approval Date

September 3, 2008

Project Status

Closed

Project Type

Guarantee

Sector

FINANCIAL MARKETS

Subsector

CAPITAL MARKET DEVELOPMENT

Lending Instrument

IDB Invest

Lending Instrument Code

IIC

Modality

PCG (Partial Credit Guarantee)

Facility Type

Environmental and Social Impact Category (ESIC)

Total Cost

USD 351,117,635.00

Country Counterpart Financing

USD 175,558,818.00

Original Amount Approved

USD 175,558,817.00

Can’t find a document? Request information

Preparation Phase

https://www.iadb.org/document.cfm?id=EZSHARE-2086965020-10153

Environmental and Social Management Reports

IXE Capital Market Guarantee Facility [35360273].DOCX

Dec. 31, 1999

English

https://www.iadb.org/document.cfm?id=EZSHARE-712430086-10140

Environmental and Social Strategies

IXE Capital Market Guarantee Facility [35360276].DOCX

Dec. 31, 1999

English

https://www.iadb.org/document.cfm?id=EZSHARE-712430086-3800

Project Abstract

IXE Capital Markets Guarantee Facility [1489849].PDF

Dec. 31, 1999

English

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