A team led by José Cobeña (São Paulo) advised on a transaction that has received Environmental Finance’s 2024 “Impact Initiative of the Year – Latin America and Caribbean” award. The team represented Corporacion Andina de Fomento (CAF) in its collaboration with Japan International Cooperation Agency to extend a US$297 million syndicated loan to Banco Sicredi, a Brazilian cooperative financial institution.
The IMPACT Awards recognize groundbreaking projects leading to positive and measurable outcomes or significant social impacts. Winners were selected by the Environmental Finance editorial team by scoring each individual entry using industry knowledge, objectivity and credibility.
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