Becker Glynn Represents IFC in $100 Million Guarantee to Support Rural Lending Operations of Brazilian Bank
The Firm served as New York counsel to International Finance Corporation (IFC) in connection with a $100 million partial credit guarantee to Brazilian bank Banco Cooperativo Sicredi S.A. (Sicredi) to support Sicredi’s lending operations to rural mid-size enterprises in Brazil. The Firm's representation of IFC in this transaction included advice and assistance during the drafting and negotiation of the guarantee agreement and related New York law-governed documents and the preparation of a legal opinion thereon.