IFC mulls up to $200m loan for China's COVID-19 vaccine maker Fosun Pharma

IFC mulls up to $200m loan for China's COVID-19 vaccine maker Fosun Pharma

Photo by Mufid Majnun on Unsplash

The International Finance Corp (IFC), the private sector arm of the World Bank, is considering offering a straight senior loan of up to $200 million to Shanghai Fosun Pharmaceutical to support the Chinese firm’s production of medical products including the COVID-19 vaccine, the IFC disclosed this week.

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