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The proposed project is to invest in a social bond to be issued by Atlantic Business International (“ABI” or the “Company”). The proceeds raised through the issuance of the social bond will be used to finance and/or refinance eligible social projects across ABI’s subsidiaries in Benin, Burkina Faso, Côte d’Ivoire, Mali, Niger, Senegal and Togo. The bond will be issued in accordance with IFC’s investment criteria and the Social Bond Principles, 2017 of the International Capital Market Association. The project is subject to regulatory approvals.
Status
Active
Start Date
2018
Donor
Funding Instrument
Country
Region
Unique ID
268
Amount in USD (in million)
100.00