Can IFC and MIGA also participate in funding a project that carries a Bank guarantee?
Yes. It would normally be expected that private sector projects requiring the Bank’s guarantee would also involve one or more other providers of long-term financing, including export credit agencies and possibly IFC and MIGA. However, the Bank’s guarantee will not cover any part of the financing originating from-or covered by-these or any other bilateral or multilateral institutions.
Related Questions
- If my proposed project requires less than a $25 million loan, will it be cost-effective to participate in DOE’s Loan Guarantee Program given the amount of the fees?
- Can IFC and MIGA also participate in funding a project that carries a Bank guarantee?
- Does Mercantile Bank participate in the FDIC’s Transaction Account Guarantee Program?
