How IIB-DG projects are financed:

IIB-DG project cycle consists of the following stages :

• Concept review

  Typically, IIB-DG management approves the project concept and overall structure, including the proposed financing structure and supporting obligations. At this stage, IIB-DGD and the client usually sign an MoU which outlines the responsibilities.

• Final review

  Once the basic business deal (including a signed term sheet) has been negotiated and due diligence has been substantially completed, the project is submitted for Final Review by IIB-DG management.

• Board Approval

  IIB-DG President and operations team present the project to the Board of Directors for approval unless Board approval has been delegated to management. 

• Signed

  IIB-DG and the client sign the deal and it becomes legally binding.

• Disbursing

  Once repayment conditions are agreed upon and IIB-DG’s conditions are met, the funds are transferred from the IIB-DG’s account to the client’s account.

• Repaying

  The client repays the loan amount to IIB-DG under an agreed schedule.

• Sale of equity

  Preparation: In line with the contractually agreed exit process and timing either:
  • the investee company or IIB-DG appoints a sell side advisor and organises a competitive process IIB-DG’s stake in the business, or
  • the investee company is prepared for an IPO, or
  • in case of put/call arrangement the put option value is determined
• Review: Once the exit parameters (including valuation) have been substantially established, the project receives a Final Review by IIB-DG management.
• Exit: legally binding agreements are signed and the transaction affected subject to all necessary external approvals.

• Complete

  The loan has been fully repaid and/or the IIB-DG’s equity investment divested.

  • 2.1 IIB-DG Funding Terms and Conditions
  • 2.2 Loan Amortization
  • 2.3 IIB Funding Procedure & Source of Funds

• Projects Approved

  • Ongoing Projects Debt and Equity Finance