IIC and Mezzanine Mexico Uno expand access to finance to midsized companies in Mexico

10/11/2017

The Inter-American Investment Corporation (IIC), the private sector arm of the IDB Group, has signed a revolving loan of 420 million Mexican pesos with Mezzanine Mexico Uno (MMU) to increase access to finance and to mezzanine products to middle-market companies with growth potential in Mexico.

Through this transaction, the IIC will provide financing to MMU to increase the supply of mezzanine financing for growth-oriented companies in Mexico, contributing to close a financing gap for middle-market companies in the country supporting growth and job creation.

The transaction is expected to support the expansion of middle-market firms that, despite having a strong business model with significant growth prospects, have limited access to funding for productive investments. The transaction will also support the development of the emerging mezzanine financing market in Mexico by providing long-term financing.

About the Inter-American Investment Corporation (IIC)

The Inter-American Investment Corporation (IIC), a member of the Inter-American Development Bank Group (IDB Group), is a multilateral development bank committed to supporting the private sector in Latin America and the Caribbean. The IIC finances sustainable enterprises and projects to achieve financial results that maximize social and environmental development for the region. With a current portfolio of $11 billion under management and 350 clients in 21 countries, the IIC works across sectors to provide innovative financial solutions and advisory services that meet the evolving demands of its clients

About Mezzanine Mexico Uno (MMU)

MMU represents a new participant in the emerging mezzanine debt market in Mexico, aimed at supporting middle-market companies across a wide array of sectors by providing long-term financing to support growth opportunities. MMU is managed by Vector Partners, S.C., whose management team has extensive experience in private equity and financial markets.

About the IDB

The Inter-American Development Bank is devoted to improving lives. Established in 1959, the IDB is a leading source of long-term financing for economic, social and institutional development in Latin America and the Caribbean. The IDB also conducts cutting-edge research and provides policy advice, technical assistance and training to public and private sector clients throughout the region.