GuarantCo, a Private Infrastructure Development Group (PIDG) company, has provided a USD 42.5 million, on-demand guarantee with a 5-year tenor supporting Classic Fashion Apparel Industry (Classic Fashion), Jordan’s largest garment manufacturer.
First ever green bond in Kenya / Rated B1 by Moody’s – higher than the sovereign bond rating / First restricted public offering in Kenya for GuarantCo / First deferred drawdown project loan note / First affordable housing investment for EAIF
GuarantCo, a Private Infrastructure Development Group (PIDG) company, has supported K-Electric (KE) with a partial guarantee in favour of Standard Chartered Bank for a USD 50 million amortising 5.5-year corporate term loan facility, split equally between two tranches denominated in Pakistan Rupees (PKR) and US Dollars (USD).
In 2013, GuarantCo provided a USD 9.2 million credit guarantee to finance a mobile phone network in rural areas in Pakistan.
GuarantCo, part of the Private Infrastructure Development Group (PIDG), organised a capacity building workshop on project and corporate infrastructure finance in Douala, Cameroon from 24th to 26th June. The workshop aimed to pave the way to establish continuous engagement between GuarantCo and local corporate banks, insurance companies, pension funds and investment banking boutiques.