Financing

Subnational Finance

We provide to subnational clients the full range of IFC investment products:

I. Lending Instruments:

• Senior Loans
• Subordinated Loans
• Convertible loans

II. Credit Enhancements structures for bonds and loans:

• Partial Credit Guarantees
• Risk Sharing Facilities
• Securitizations

III. Equity and Quasi Equity:

• Equity
• Other hybrid instruments

In particular, we use the know-how of IFC’s Structured Finance and Derivative Products Groups to provide tailored and cost-effective financing solutions for our clients. These products are particularly useful for subnational clients seeking local currency financing for their investment needs, either to match revenue flows or to meet legal requirements.

The range of products and the countries and currencies in which IFC offers structured finance services continues to grow, as the Corporation innovates to help clients efficiently manage their assets and liabilities. The group works closely with the Subnational Finance team in the structuring, modeling, and execution of individual deals.