LONDON, Oct 1 (Bernama) -- Emerging Markets Global Advisory LLP ("EMGA") is pleased to announce the successful arrangement of a EUR 100 million debt financing facility for its long-standing Brazil-based client, BTG Pactual. The facility has been provided by Compañía Española de Financiación del Desarrollo (COFIDES), S.A., S.M.E., Spain's development finance institution, and will support BTG Pactual's continued expansion of sustainable and impact-oriented financing initiatives in Brazil.
Sajeev Chakkalakal, Managing Director and Head of Investment Banking at EMGA, commented: "We are delighted to have once again delivered a competitively priced funding solution for BTG Pactual. This facility will support the continued growth of BTG's sustainable finance activities, reinforcing its position as one of Brazil's leading financial institutions in the ESG and climate finance sectors. The successful completion of this transaction also demonstrates EMGA's ability to originate and execute high-quality financing solutions in Brazil despite a challenging global macroeconomic backdrop, ongoing market volatility, and periods of heightened uncertainty across emerging markets. We are particularly pleased to have partnered with COFIDES, a highly respected development finance institution, on a transaction that supports both commercial objectives and positive environmental and social outcomes."