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EMGA Secures US$210 Mln Financing For Brazil’s BTG Pactual 

KUALA LUMPUR, Nov 26 (Bernama) -- Emerging Markets Global Advisory Limited (EMGA) has secured US$210 million debt finance for their long-standing Brazil based client, BTG Pactual (BTG). (US$1=RM4.45)

According to a statement, the financing was provided by the European Investment Bank (EIB), builds upon previous facilities arranged by EMGA.

EMGA Managing Director and Head of Investment Banking, Sajeev Chakkalakal expressed pride in securing this landmark transaction, aimed at funding BTG’s Green Lending portfolio and promoting climate sustainability.

“EIB remains a key investor relationship for EMGA, and we are proud to have helped them increase their presence in Brazil as part of their broader EIB Global strategy,” he said.

Concurrently, EMGA Managing Director and Head of Operations, Jeremy Dobson also highlighted the successful collaboration with BTG on this financing deal, which involved a new Development Financial Institution (DFI) and emphasised EMGA's ongoing commitment to arranging financing in Brazil and the rest Latin America.

BTG is Latin America's largest investment bank, the sixth largest bank in Brazil by shareholders equity and a key player in providing loans and guarantees to a broad set of clients, from small and medium-sized enterprises (SMEs) to large corporations. The bank has been a pioneer in promoting climate finance in Brazil, supporting projects with a positive community impact.

Meanwhile, the EIB is the largest multilateral financial institution in the world, providing financing solutions with a focus on climate, environment, SMEs, development, cohesion and infrastructure.

EMGA, with offices in London and New York, helps financial institutions and corporations seeking new debt or equity capital, particularly in emerging markets and frontier economies, including Brazil which remains a key market.

-- BERNAMA