IDB launches $3.75 billion 2.50% 5-year fixed-rate global

The Inter-American Development Bank (“IADB” or “IDB”), rated Aaa/AAA (Moody’s), priced a new $3.75 billion 5-year global bond.

The transaction pays a semi-annual coupon of 2.500% and matures on January 18, 2023. It priced with a spread of 15.7 basis points over the 2.125% UST due December 31, 2022, which represents a yield of 2.500% s.a.

IDB Invest signs largest renewable energy project in Colombia

$1 billion loan to EPM to build Ituango hydropower plant

IDB Invest signed a $1 billion senior, unsecured A/B loan package to Empresas Públicas de Medellín (EPM) to build a 2,400 MW hydropower facility in the northern region of Antioquia, Colombia. Ituango will be the largest hydropower project in the country.

The Ituango hydropower plant will represent approximately 18 percent of the country’s total installed power capacity, and will generate approximately 13,900 GWh of renewable electricity per year.

BID e Governo Federal formalizam empréstimo para aumentar a autonomia fiscal dos municípios

O empréstimo no valor de US$ 150 milhões vai financiar a terceira fase do PNAFM

O Banco Interamericano de Desenvolvimento (BID) e o Ministério da Fazenda, por meio da sua Secretaria Executiva, assinaram nesta quinta-feira (28), em Brasília, contrato para financiar a terceira fase do Programa Nacional de Apoio à Gestão Administrativa e Fiscal dos Municípios Brasileiros – PNAFM III, no valor de US$ 150 milhões. O objetivo do programa é aumentar a autonomia fiscal municipal por meio da modernização administrativa, fiscal, financeira e patrimonial dos municípios.

Latin American and Caribbean exports to China increased by 30 percent in 2017

New IDB report also indicates that total exports rose by 13 percent this year

Exports from Latin America and the Caribbean have increased by around 13 percent in 2017 and are nearing the $985 billion mark. This sharp acceleration contrasts with the 3.3-percent drop of 2016, according to “Trade Trend Estimates for Latin America and the Caribbean,” a new report published by the Inter-American Development Bank (IDB).

Panama will improve conservation and management of cultural and natural heritage with IDB support

The program, managed jointly by the National Institute of Culture (INAC) and the Ministry of Environment (MiAmbiente), will ensure the conservation and management of cultural and natural heritage 

The National Institute of Culture (INAC) and the Ministry of Environment (MiAmbiente) will work in a coordinated manner on a program for the conservation and management of Panama’scultural and natural heritage with $107 million in financing from the

Brazil will strengthen integrated sustainable urban development of João Pessoa with IDB support

A $100 million loan will benefit more than 5,000 vulnerable families with better housing solutions 

Brazil will improve the living conditions of vulnerable families in the Municipality of João Pessoa with a $100 million loan approved by the Inter-American Development Bank (IDB). The loan will strengthen integrated sustainable urban development through planning, urban and public management. 

Piauí, Pará and Maranhão to strengthen fiscal management with IDB financing

IDB approves $115 million in loans as part of PROFISCO II program

The Brazilian states of Piauí, Pará and Maranhão will upgrade their fiscal management, tax administration and public spending oversight with loans approved by the Inter-American Development Bank as part of the program known as Profisco II.

Colombia to implement master plan for sewerage upgrade in Mocoa, Colombia with IDB support

Loan of $30 million to finance improvements in health and environmental conditions for 10,000 households in the Mocoa urban area 

Colombia will undertake a project to implement the first phase of sewage master plan in the municipality of Mocoa with a $30 million loan from the Inter-American Development Bank (IDB). 

Brazilian municipality of Maracanaú to boost transport infrastructure with IDB backing

IDB loan of $31.7 million will allow for improving road infrastructure and construction of a buses-only lane, reducing emissions of greenhouse gases

The Inter-American Development Bank (IDB) has approved a $31.7 million loan to designed to improve infrastructure in the municipality of Maracanaú in the northeastern Brazilian state of Ceará. The funds will drive productivity in the municipality, which is part of the metropolitan area of Fortaleza, the capital of Ceará and one of the areas with the greatest potential for economic development in that part of Brazil.