IFC, IDB Invest co-lead $1.1bn ECA-backed financing of dissolving wood pulp plant

The IFC and IDB Invest are co-leading a $1.1 billion financing to LD Celulose S.A to build one of the largest dissolving wood pulp plants in the world, in Minas Gerais State, Brazil. Finnish export credit agency Finnvera and seven commercial banks are participating in the financing. The deal signed...