IDB Invest provides $50 million dual tranche loan to Banco Regional to fund agribusiness enterprises in Paraguay
Clients Inter-American Development Bank
Jones Day represented IDB Invest, the private sector institution of the Inter-American Development Bank Group, in connection with a $50 million dual tranche loan provided to Banco Regional de Paraguay. Banco Regional will use the proceeds to make agribusiness loans to small and medium sized enterprises in the region. The agricultural sector remains one of Paraguay’s strongest economic sectors, and the funds will help small and medium sized businesses take part in projects that will further develop Paraguay’s agricultural industry.