Tag

A 3 judge panel in Colombia's Cundinamarca district court issued an emergency injunction against the $370 million USD loan by the administration of Colombian President Ivan Duque to bankrupt Avianca Airlines, where his sister is a top executive. The lawsuit was filed by a...

The loan will largely be used for campus improvements to the university's locations in Bogotá, Medellín, Bucaramanga, Villavicencio, and Tunja.

This adds to the original loan of nearly $125 million USD (350 billion pesos) that was approved in December 2017.

Sempli sees this as the first in a series of investments that will allow the online lender "to​ ​support​ ​this​ ​segment​ ​with​ ​more​ ​than​ $​50​ ​million USD."

The first international syndicated facility arranged for BAC Guatemala was 1.7x oversubscribed, said Bladex.

The early payment is the result of what Ecopetrol called a “solid cash position" that left it with more than $6 billion USD on hand at the end of the first quarter.

With startup financing often scarce, the goal is to offer "credit that better fits the particular focus of these companies," said Bancóldex President Luis Fernando.

Both will receive a cash prize and technical support to help implement their winning ideas.

"Today, more than ever, we need more inclusive, competitive, efficient, and sustainable cities," said CAF head Enrique Garcia.

Colombia will strengthen the quality, efficiency and citizen participation of fiscal controls with support from the Inter-American Development Bank (IDB). The IDB’s $30 million loan is designed to strengthen the Contraloría General de la Republica, the government...