IDB and BRDE execute innovative debt-conversion transactions

07/08/2025 Since 4 months

The Inter-American Development Bank (IDB) and the Banco Regional de Desenvolvimento do Extremo Sul (BRDE) from Brazil have successfully executed four debt-conversion transactions conducted between July 2024 and June 2025 and totaling 65 million dollars.

Part of the converted funds supported the BRDE’s “Em Frente RS” program, designed to help micro, small and medium-sized enterprises (MSMEs) to recover from the devastating climate-related disasters that struck the state of Rio Grande do Sul in May 2024.

These transactions demonstrate the IDB’s commitment to sustainable financing and to ensuring its member countries have access to innovative solutions that enhance resilience and long-term development.

https://www.iadb.org/en/news/idb-and-brde-execute-65-million-innovative-debt-conversion-transactions

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