| Product Name |
Senior Loans
Link to Product Website |
| Provider Name |
EAIF (Emerging Africa Infrastructure Fund)
|
| Product Definition |
US$ and EUR Loans
Senior loans up to a maximum amount of US$36 million (or equivalent) may be provided on a stand alone basis or with one or more co-lenders, either through a predetermined “club” or in a “syndicated” transaction structured and negotiated by one or more lead arranger(s). EAIF will consider both a lead role in such transactions or joining a club/syndicate arranged by other acceptable institutions.Local Currency Senior Loans
On an exceptional basis, EAIF may offer local currency senior loans to investee companies provided that the foreign exchange exposure can be suitably hedged or otherwise covered.
|
| Product Type |
Co-financing
|
| Defined Risks Covered |
Comprehensive Risk
|
| Eligible Form of Investments |
n.a. |
| Eligible Currency of Underlying Investment Covered by this Product
| Both local and foreign currency
|
| Eligible Countries & Regions |
n.a.
More on Eligible Countries
|
| Eligible Applicants |
n.a. More on Eligible Applicants |
| Eligible Sector |
n.a. |
| Maximum Tenor |
10+ to 15 years
More on Maximum Tenor |
| Max. Absolute Amount (USD) |
0 to 50 MM
More on Maximum Absolute Amount |
| Max. % of Project Costs Covered |
Max./under 25%
|
| Max. % of Export Content Covered |
Max./under 50%
|
| Fees |
Market-based
Fees are set at a commercial rate to reflect the risk taken and are decided on a project-by-project basis.
More on Fees
|
| Other Conditions |
Sovereign Counterguarantee: No
Anti-Corruption and Governance Standards: Yes
Environmental standards: Yes
Social standards (incl. Human Rights Standards; Labor Rights Standards): Yes
Others:
|
| Source(s) |
n.a. |
| For more information, contact |
Douglas Bennet
Senior Investment and Guarantees Executive, Frontier Markets Fund Managers
Email: douglas.bennet@frontiermarketsfm.com
Phone: +44 20 7815 2786
|
| Attachments |
n.a.
|
| Additional Links |
n.a.
|
| Deals |
http://www.emergingafricafund.com/deals-to-date.aspx |
|
| Provider Name |
EAIF (Emerging Africa Infrastructure Fund)
|
| Institution Type |
PUBLIC: Multilateral Development Bank
|
| Ownership |
n.a. |
| Head Office |
Frontier Markets Fund Managers
c/o Standard Bank Plc
Cannon Bridge House
25 Dowgate Hill
London
EC4R 2SB
|
| Provider Home Country |
United Kingdom |
| Rating |
n.a. |
| Main Risk Mitigation Products |
n.a. |
| Attachments |
n.a.
|
| Additional Links |
www.emergingafricafund.com/
|
| Entered On: |
03/14/2008 at 12:11 PM |
| Updated On: |
06/04/2009 at 02:22 PM |
