Company name
Banco Cooperativo Sicoob S.A.
Project number
14881-01
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.
E&S category
FI-2
País
Brazil
Sector
Financial Institutions
Estado
Proposed
Disclosed date
11/22/2024
N/A
Projected board date
12/23/2024
Approval date
N/A
Signed date
N/A
Sponsoring entity
N/A
Investment Operations Department Contact
N/A
Investment type
Syndicated amount
N/A
Financing amount
USD $ 50,000,000
Currency
USD
Project scope and objective
O projeto envolve uma concessão de financiamento equivalente em reais e dólares de até US$70 milhões por um período de sete anos, com amortização em uma única parcela no vencimento. As notas financeiras serão rotuladas como títulos sociais e estarão alinhadas aos princípios da International Capital Markets Association sobre títulos sociais. O financiamento proposto ajudará a expandir o acesso ao financiamento no Brasil, apoiando a expansão do portfólio verde do Sicoob, com foco em sua estratégia de Micro, Pequenas e Médias Empresas ("MPME"). A transação apoia o desenvolvimento do mercado de capitais brasileiro e do segmento de finanças sustentáveis, apoiando a consolidação de uma classe de ativos crescente no país.
For inquiries, comments and information requests about the project
Request informationLearn more about how we provide private-sector solutions in the region .
Contact information
For inquiries, comments and information requests about the project
Request informationAlternatively, you may also use the following contact information :
Client Contact
fernando.netto@sicoob.com.br
PHONE NUMBER
+55 61 3217-5360
POST OFFICE ADDRESS
SEDE I: SIG quadra 6 lote 2080, 70610-460 Brasília/DF
IDB Invest Contact
requestinformation@idbinvest.org
PHONE
+1(202)-566-4566
ADDRESS
1350 New York Ave NW, Washington, DC 20005
COUNTRY OFFICES
IDB Invest Country OfficesIndividuals or communities can submit complaints related to environmental, social, or corporate governance issues to the Management Grievance Mechanism by e-mailing mgm@iadb.org or by calling +1 202 312 4040.
As a last resort, affected communities have access to the IDB Invest Independent Consultation and Investigation Mechanism by writing to mecanismo@iadb.org ou MICI@iadb.org or calling +1(202) 623-3952.
IDB Invest has zero tolerance to reprisal or retaliation against anybody who voices its opinion or opposition to IDB Invest-financed projects.
For inquiries, comments and information requests about the project
Request informationLearn more about how we provide private-sector solutions in the region .
Environmental and social review
BANCO SICOOB FINANCIAMENTO VERDE 14881-01 BR - RESUMEN REVISION AMBIENTAL SOCIAL (RRAS)
122.9 Kb