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Tourism sector in Cape Verde: IFC grants $39 million to the Oásis Atlântico hotel group

04/01/2024
Source : ORISHAS FINANCE
Categories: Sectors Companies

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Le jeudi 28 décembre dernier, la Société financière international (SFI) a annoncé avoir mis en place un montage financier de 35,5 millions d' euros ( $38.9 million) for the benefit of the Oásis Atl hotel group Antico, in Cape

Verde.

The financial package granted by the SFI consists of a loan of 10.5 million euros, from the SFI's own account, a second loan equivalent to 10.5 million euros and loans of 14.5 million euros, mobilized by the IFC from donors. The financing planned for three subsidiaries of Oásis Atlântico will make it possible to improve the financial structure of the hotel group, by refinancing its debt through longer-term loans, but also by repaying the smallest

borrowers.
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