Iharabras S.A. Indústrias Químicas (IHARABRAS)

Iharabras S.A. Indústrias Químicas - JBIC Direct Loan

Industry
Chemicals/Petrochemicals/Fertilisers
Area of finance
Export & Agency Finance
Region
Latin America
Countries
Brazil

Deal Overview

The Japan Bank for International Cooperation closed a loan agreement amounting to up to USD60 million (JBIC portion) with Iharabras S.A. Indústrias, a Brazilian company invested in by multiple Japanese companies. The loan is co-financed with Mizuho Bank, Ltd. and MUFG Bank, Ltd, bringing the...

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The Japan Bank for International Cooperation closed a loan agreement amounting to up to USD60 million (JBIC portion) with Iharabras S.A. Indústrias, a Brazilian company invested in by multiple Japanese companies. The loan is co-financed with Mizuho Bank, Ltd. and MUFG Bank, Ltd, bringing the total co-financing amount to USD106 million. The loan is intended to provide part of the funds necessary for IHARABRAS to conduct the business of manufacturing and sales of crop protection products in Brazil.

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Deal Volume
$106m
Financial Close
16 December 2021
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