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Banco Itau BBA (Bahamas) TFFP - TFFP A Loan

The loan would support Itau BBA in providing financing to companies conducting eligible trade finance operations in the LAC region, mainly in Brazil, Argentina, Chile, Colombia, Paraguay, Uruguay and Peru, that are customers of Itau BBA, its subsidiaries, affiliates, rep offices or branches. For this purpose, the loan will be granted to Itau BBA's Nassau branch, which acts as this bank's booking entity for trade finance transactions throughout the LAC region, given Brazil's regulatory constraints on cross-border and foreign currency financing.

Project Detail

Country

Regional

Project Number

RG-L1066

Approval Date

December 11, 2013

Project Status

Closed

Project Type

Loan Operation

Sector

TRADE

Subsector

TRADE FACILITATION, TRADE LOGISTICS AND CUSTOMS

Lending Instrument

BID Invest

Lending Instrument Code

IIC

Modality

PSL (Private Sector Loan)

Facility Type

-

Environmental Classification

-

Total Cost

USD 400,000,000.00

Country Counterpart Financing

USD 0.00

Original Amount Approved

USD 200,000,000.00

Financial Information
Operation Number Lending Type Reporting Currency Reporting Date Signed Date Fund Financial Instrument
3115A/OC-RG Non-Sovereign Guaranteed USD - United States Dollar Ordinary Capital Private Sector Financing
3115B/OC-RG Non-Sovereign Guaranteed USD - United States Dollar Ordinary Capital Participant Financing
Operation Number 3115A/OC-RG
  • Lending Type: Non-Sovereign Guaranteed
  • Reporting Currency: USD - United States Dollar
  • Reporting Date:
  • Signed Date:
  • Fund: Ordinary Capital
  • Financial Instrument: Private Sector Financing
Operation Number 3115B/OC-RG
  • Lending Type: Non-Sovereign Guaranteed
  • Reporting Currency: USD - United States Dollar
  • Reporting Date:
  • Signed Date:
  • Fund: Ordinary Capital
  • Financial Instrument: Participant Financing
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