Examples of IFC Loan in a sentence
The Kribi Operation has been supported by a World Bank (WB) Partial Risk Guarantee (PRG) and an IFC Loan, which were approved by a joint board in November 2011.
SecurityEach of the Itaú Loans, IFC Loan, Mizuho Loan and the Votorantim Loans are secured by a first lien on (a) property, plant and equipment acquired in connection with the construction of the production facility at the Itafós Arraias SSP Operations; (b) quotas representing 100% of the equity shares of Itafós; (c) deposits in the Itafós bank accounts; and (d) mineral rights related to the project.
Alma Estate was a typical estate of its era with problems including housing in poor condition, crime and anti-social behaviour, and poor quality public space at ground floor level.
Following the financial structuring described above, IFC will, with its legal counsel, organize and coordinate the drafting, negotiation and execution of legal documentation for each IFC Loan.
As of 31 August 2020, no outstanding balance in the financial liabilities related to the IFC Loan.