IFC and IDB form soybean loan
The IFC and the IDB are forming a US$230m financing package for Noble Argentina for the construction and operation of a soybean crushing facility in its port terminal in Timbues, Santa Fe Province. The IFC plans a US$75m A loan, and the IDB a US$40m A loan. Also, the IFC will form a US$45m syndicated loan, and another US$70m will come from equity and subordinated shareholder loans.
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