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ME-L1112 : First Disbursement - Infonavit Mezzanine Finance Facility

Project Status: Closed

This is the disbursement of loans under the facility Infonavit Mezzanine Finance Facility. The Team is proposing to finance the acquisition by the Borrowing Trust of Constancias Preferentes, rather than mezzanine RMBS (Cedevis Serie B) placed and registered as public offerings in the Mexican capital markets (as envisioned in the term sheet approved by the Credit Review Meeting CRM).

Project Detail

Project Number

ME-L1112

Project Country

Mexico

Project Sector

FINANCIAL MARKETS

Project Subsector

BANKING MARKET DEVELOPMENT

Project Type

Loan Operation

Project Lending Type

NSG

Project Modality

PSL (Private Sector Loan)

Project Facility Type

Project Status

Closed

Operation Number

2559/OC-ME

Financial Information

Project Number

ME-L1112

Project Status

Closed

IDB Financing

Financing type

PSL

Fund

Ordinary Capital

Reporting currency

USD - United States Dollar

Reporting date

Jul/18/2023

Roles & Responsibilities

Contract signature date

Sep/29/2011

Project Information

Total Cost

USD 35,000,000

Country counterpart financing

USD 0

Amount