MIGA provides cover for loan to Codelco

In:

Renewables

Region:

Americas

MIGA has issued a 15-year guarantee to Credit Agricole covering the risk of non-honouring of financial obligations by a state-owned enterprise (NHFO-SOE) on a $532 million loan to Chilean state-owned copper miner Codelco.The long-term debt will cover Codelco’s payment obligations under five...

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