BRDE Sustainable Infrastructure Program (NDB-brdesustainableinfras)

Countries
  • Brazil
Where the impacts of the investment may be experienced.
Financial Institutions
  • New Development Bank (NDB)
International, regional and national development finance institutions. Many of these banks have a public interest mission, such as poverty reduction.
Bank Risk Rating
U
Risk rating varies among banks and may refer only to the particular investment and not to the risk for the project as a whole. Projects marked 'U' have an 'Unknown' risk rating at the time of disclosure.
Borrower
Government of Brazil
The holder of the loan, grant, or other investment.
Sectors
  • Finance
  • Infrastructure
  • Law and Government
The service or industry focus of the investment. A project can have several sectors.
Investment Type(s)
Loan
The categories of the bank investment: loan, grant, etc.
Investment Amount (USD)
$ 150.00 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please review updated project documents for more information.
Primary Source

Original disclosure @ NDB website

Updated in EWS Jul 16, 2020

Disclosed by Bank Mar 7, 2020


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Project Description

BRDE will on-lend NDB funds to sub-projects in the public and private sectors for sustainable infrastructure development in the Southern Region of Brazil. The Project’s sub-borrowers’ selection will prioritize: (i) the municipalities with a population of less than 100,000 inhabitants that currently cannot directly access international financing, due to regulatory restrictions; and (ii) private sector, including participation in concessions, PPPs and other arrangements for private participation in public services; and (iii) health sector. Credit risk of sub-projects is borne by BRDE.

Investment Description

This loan is most likely to be a credit line.

Financial Intermediary
Financial Intermediary: A commercial bank or financial institution that receives funds from a development bank. A financial intermediary then lends these funds to their clients (private actors) in the form of loans, bonds, guarantees and equity shares. Financial intermediaries include insurance, pension and equity funds. The direct financial relationship is between the development bank and the financial intermediary.

Contact Information

The "Contact Information" was not available at the moment of the snapshot.