News
05 March 2024

IFC closes loan for Suez container terminal expansion project

In:
Transport
Region:
Middle East & Africa

IFC has closed a $175 million loan that will support the Suez Canal Container Terminal's planned expansion. In addition, IFC will provide interest rates swaps to an exposure of roughly $2 million. The deal was approved in December 2023 and signed on 30 January 2024.The capacity of the existing...

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