January 6, 2021
On November 24, 2020, the Inter-American Investment Corporation (“IDB Invest”) closed on a secured senior 250 million Trinidad & Tobago Dollar denominated loan facility to Home Mortgage Bank (“HMB”). The proceeds of the loan will be used by HMB to fund HMB’s acquisition of sub-loans on the secondary mortgage market in Trinidad and Tobago, contributing to the development of the secondary mortgage market and housing finance industry in Trinidad & Tobago.
The U.S.-based firm of Hunton Andrews Kurth LLP advised IDB Invest as international counsel. Trinbagonian legal advice to IDB Invest was provided by Johnson, Camacho and Singh.
Hunton Andrews Kurth Lawyers:
IDB Invest In-house Counsels: