AFRA advised the IDB (IDB INVEST), as lender, in connection with a US$25MM Facility Agreement with St. Georges Bank Inc. The transaction was lead by Partner Roberto F. Harrington A. The facility consisted of a senior and subordinated tranche and involved carrying out due diligence of borrower, negotiation of contracts, regulator matters and assistance with closing and investment. AFRA is very pleased to once more have assisted IDB Invest with its projects in Panama, now in the financial services sector. Previous experience includes project and corporate finance in energy, gas and hotel industry.