📋 Tender Overview
COMPANY NAME
Ameris Capital
PROJECT NUMBER
15080-01
FI-2 operations are those where the risk potential is considered medium: the FI’s current or future portfolio consists of or is expected to consist of, business activities that have potential limited adverse environmental or social risks or impacts that are few in number, generally site-specific, largely reversible, and readily addressed through mitigation measures; or includes a very limited number of business activities with potential adverse environmental or social risks or impacts that are diverse, irreversible, or unprecedented.
E&S CATEGORY tooltip
FI-2
COUNTRY
Chile
SECTOR
Financial Institutions
STATUS
Proposed
DISCLOSED DATE
03/14/2025
Projected date at which a project will be put forward for the Board of Executive Directors’ approval.
PROJECTED BOARD DATE tooltip
06/04/2025
APPROVAL DATE
N/A
SIGNED DATE
N/A
SPONSORING ENTITY
N/A
INVESTMENT OPERATIONS DEPARTMENT CONTACT
Financial Institutions Division
INVESTMENT TYPE
Loan & Guarantee
SYNDICATED AMOUNT
N/A
FINANCING AMOUNT
USD $ 30,000,000
CURRENCY
USD
Project scope and objective
The proposed project includes a financing mechanism consisting of a senior revolving warehouse facility of up to US$30 million, the proceeds of which will be used to purchase and accumulate mortgage loans through eligible Endorsable Mortgage Credits ( EMCs ) and housing leasing contracts to individuals in Chile, with a particular focus on gender and inclusion. The facility will serve as a line of credit to an investment fund managed by Ameris. Both the EMCs and the housing leasing contracts will be accumulated for future asset-backed securitization. This transaction will support and improve access to finance for individuals in Chile, thereby reducing the existing housing deficit.
