Credicorp Capital Colombia S.A.
FI-2 operations are those where the risk potential is considered medium: the FI’s current or future portfolio consists of or is expected to consist of, business activities that have potential limited adverse environmental or social risks or impacts that are few in number, generally site-specific, largely reversible, and readily addressed through mitigation measures; or includes a very limited number of business activities with potential adverse environmental or social risks or impacts that are diverse, irreversible, or unprecedented.
Projected date at which a project will be put forward for the Board of Executive Directors’ approval.
Projected board date
USD $ 40,000,000
Project scope and objective
IDB Invest has proposed an investment of up to: (i) the equivalent of US$40 million in Colombian pesos; and (ii) 20% of the Fund’s total commitments. The Project consists of a capital investment in the Fondo de Capital Privado Credicorp Capital Deuda Privada I (the "Fund"), a private credit fund created to provide tailored debt financing solutions for Mid-Market Enterprises (“MMEs”) in Colombia.
The Fund will be managed by Credicorp Capital Colombia S.A. (the “Fund Manager”), a subsidiary of Credicorp Ltd. (“Credicorp”), the largest financial holding in Peru and a leader in the Andean region. The Fund will invest in private debt instruments (primarily direct loans, but potentially also corporate bonds, securitized bonds, or others). The Fund will have an investment period of four years and a total life of ten years.
For inquiries, comments and information requests about the projectRequest information
Alternatively, you may also use the following contact information:
IDB Invest Contact
1350 New York Ave NW, Washington, DC 20005