PROJECT

Projects

Summary of Investment Information

Project Number

43273

Company Name

MUFG ECA GTLP

Date SPI Disclosed

Oct 30, 2020

Country

Central Europe Subregion

Region

Europe

Projected Board Date

Oct 21, 2020

Environmental Category

FI-2 - Limited

Status

Completed

Last Updated Date

Nov 19, 2023

Department

Regional Industry FIG MCT

Industry

Financial Markets

Previous Events

Approved : Oct 21, 2020
Signed : Oct 22, 2020
Invested : Oct 28, 2020

Sector

Commercial Banking - Trade and Supply Chain

Project Description

 The Project is a three-year, funded risk sharing facility whereby MUFG Bank, Ltd. (“MUFG”) and IFC would share the risk up to 50%-50% in a portfolio of up to US$300 million of senior loans that MUFG provides to banks in the Europe and Central Asia (“ECA”) region, predominantly in Turkey. MUFG will then use the funds provided by IFC to invest in new Sustainable Energy Finance (“SEF”) projects.                                                 

Associated Advisory Engagement

 n/a                                                  

Sponsor / Cost / Location

Development Impact

E&S Category Rationale / Risks and Mitigation