CD Finance

COVID CD Finance Loan

Borrower (s)
CD Finance
Industry
Other/Financial Services
Area of finance
Development Bank Finance
Region
Asia Pacific
Countries
China

Deal Overview

The proposed investment entails an up to two-year financing package of up to US$60 million equivalent in local currency to CD Finance Management Co., Ltd (“CD Finance”, or the Company, and formerly known as CFPA Microfinance Management Co., Ltd.), a long-standing partner of IFC for more...

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The proposed investment entails an up to two-year financing package of up to US$60 million equivalent in local currency to CD Finance Management Co., Ltd (“CD Finance”, or the Company, and formerly known as CFPA Microfinance Management Co., Ltd.), a long-standing partner of IFC for more than a decade and the largest rural focused micro credit company (MCC) in China. The debt funding targets to provide working capital to the Company to help it stay resilient and to support its lending to micro and small enterprises (“MSEs”) in rural areas of China that are adversely impacted by the COVID-19 pandemic.

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Deal Volume
$ 60m
Financial Close
18 October 2021
Sources

All Dealmakers

Tranches


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