Clifford Chance advises IDB Invest on landmark US $1 billion securitisation in Latin America and the Caribbean

Press Release By Clifford Chance

Global law firm Clifford Chance has advised IDB Invest, the private sector arm of Inter-American Development Bank (IDB), on a US$1 billion securitisation transaction that is the first of its kind for enabling private investors to buy multilateral development bank (MDB) assets from Latin America and the Caribbean.

The securitised portfolio includes assets from 20 countries and 10 sectors, including corporates, infrastructure, energy and financial institutions, and by accessing capital in the private sector the transaction helps scale impactful investment in Latin America and the Caribbean.

The Clifford Chance team was led by Derivatives & Structured Products Partners Tim Cleary (London) and Gareth Old (New York), who were supported by Konstantinos Voulgarakis (Senior Associate, London) and Mariana Cruz (Senior Associate, London).

For further information, please contact Shamma Kelly or Kaitlin Scagluso.

About Clifford Chance

Clifford Chance is a global law firm with significant depth and range of resources across five continents. As a single, fully integrated global partnership, we pride ourselves on our approachable, collegial and team-based way of working. We always strive to exceed the expectations of our clients, which include corporates from all commercial and industrial sectors, governments, regulators, trade bodies and not-for-profit organizations. We provide them with high quality advice and legal insight, which combines the firm's global standards with in-depth local knowledge.