📋 Tender Overview
E&S CATEGORY tooltip
FI-2
COUNTRY
Argentina
SECTOR
Financial Institutions
STATUS
Proposed
DISCLOSED DATE
09/09/2025
Projected date at which a project will be put forward for the Board of Executive Directors’ approval.
PROJECTED BOARD DATE tooltip
10/21/2025
APPROVAL DATE
N/A
SIGNED DATE
N/A
SPONSORING ENTITY
N/A
INVESTMENT OPERATIONS DEPARTMENT CONTACT
Financial Institutions Division
INVESTMENT TYPE
Loan
SYNDICATED AMOUNT
N/A
FINANCING AMOUNT
USD $ 150,000,000
CURRENCY
USD
Project scope and objective
The proposed transaction consists of a senior unsecure A/B loan for up to US$300 million (the Loan ), financed as follows: (i) an A loan of up to US$150 million, to be financed by IDB Invest, structured in two tranches: (a) a committed tranche of up to US$100 million; and (b) an uncommitted tranche of up to US$50 million; and (ii) a B loan of approximately US$150 million, to be financed by institutional investors. The Loan has a tenor of up to seven years, amortizable. The project aims to increase Banco de Galicia y Buenos Aires S.A.U. ( Banco Galicia or the Bank ) available financing for Small and Medium-Sized Enterprises ( SMEs ) and corporate company projects categorized as sustainable as per Banco Galicia’s Sustainable Finance Taxonomy.
