IFC to invest $10m as convertible debt to fuel Myanma Awba’s expansion

IFC to invest $10m as convertible debt to fuel Myanma Awba’s expansion

Visual from IFC website.

International Finance Corporation, the private lending arm of the World Bank, is proposing to extend a financing facility of $10-million, with a provision of converting the loan into equity, to Myanma Awba Group, an agriculture-based business in Myanmar.

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