First Finnvera-NIB financing creates landmark deal in Brazil

Region:

Americas, Europe

Max Thompson

Managing Editor

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At the end of last month, Finnvera and NIB signed a $225 million facility that will be onlent to a eucalyptus pulp mill project in Brazil. The deal represents the first time Finnvera has tapped an ‘alternative’ form of finance with NIB in order to leverage the credit risk of doing business in a country struggling to revive its economy.