IFC mulls $45m financing for Thailand's Descap1 Private Equity Trust

IFC mulls $45m financing for Thailand's Descap1 Private Equity Trust

Hilton Garden Inn Phuket Bangtao one of the first hotels Descap1 Private Equity Trust is acquiring.

The International Finance Corporation (IFC) is proposing a debt facility of up to $45 million for Descap1 Private Equity Trust, a distressed hospitality asset investment vehicle of the Thailand-based Destination Group.

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