Client Name: Sandra Bedran
Title: Managing Director
Telephone Number: (501) 223-4123
The proposed transaction consists of unsecured financing to Atlantic Bank Limited (“Atlantic Bank” or the “Bank”) denominated in US dollars (“US$”) for up to US$20 million; to be financed by IDB and IDB Invest (the “Project”). The Project’s objective is to assist Atlantic Bank to improve access to funding for Small and Medium-sized Enterprises (“SMEs”) mainly in the tourism sector.