📋 Tender Overview
Project Number: 48573
Company Name: Navis Capital Partners Limited
Date SPI Disclosed: Jan 25, 2024
Country: Singapore
Region: East Asia and the Pacific
Projected Board Date: Feb 26, 2024
Environmental Category: FI-2
Status: Pending Approval
Department: Regional Industry - FIG Asia & Pac
Industry: Funds
Sector: Other Non-Private Equity Fund
Project Description
The proposed investment entails an investment of up to US$40 million for IFC’s own account in a US$350 million target credit fund namely Navis Asia Credit Fund LP ( NAC or the Fund ). The Fund will provide senior secured loans to small to mid-sized corporates across Asia Pacific to promote sustainable financing. IFC’s investment will be deployed across emerging Asia including Thailand, Malaysia, the Philippines, Vietnam, and Indonesia. Navis Asia Credit Fund G.P. Pte. Ltd., a Singapore private company, controlled by Navis Capital Partners Limited, will serve as the general partner of the Fund (the General Partner ).
Financing Sources:
2) World Bank (WB)
1818 H Street, NW Washington,
DC 20433 USA
Tel : (202) 473-1000
https://www.worldbank.org/
