Greenfield Financing – IDB Syndicated Loan to Embraport

Last week, the Inter-American Development Bank (“IDB”) joined by commercial banks, WestLB, HSBC, Caixa Geral and Santander, closed a $430 million two tranche syndicated A/B loan to finance the construction, operation and maintenance of Empresa Brasileira de Terminais Portuários S.A. (“Embraport”), a new private mixed-use container and liquids terminal in Brazil’s Santos Port, the largest port complex in the region. Upon completion, this facility will be the largest private port in Brazil.

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