Institution details
Proparco (PROPARCO)
Key facts
- Established in 1977
- Ownership: Public
- 151, rue Saint Honoré
- + 33 1 53 44 31 08
- http://www.proparco.fr/lang/en/
Latest update: 03/12/2021
rating type | rating agency | type | rating |
---|---|---|---|
Institution rating | S&P | Foreign currency | AA |
Country rating | S&P | Local currency | AA |
Products
- Equity and quasi-equity stakes
- Loans
- Guarantees
- Other services
Equity and Quasi-Equity Stakes
- Proparco may make direct investments in companies:
- Direct or indirect minority equity investments
- Subordinated or equity loans
- Shareholders’ current accounts
- Convertible bonds or bonds redeemable for shares
Loans
- Proparco can provide direct loans to companies:
- Between EUR 3 million and EUR 100 million
- Loans are available in hard currency and some local currencies
- Repayment tenors of up to 20 years with grace periods when warranted
Guarantees
- Proparco can provide guarantees to a company’s bank for a loan to support the company’s operations or expansion plans
Other Services
- Proparco offers technical assistance to its clients in response and in addition to its financial support—these services aim to support responsible practices and innovative initiatives of the private sector and thereby strengthen the impact of Proparco’s investments on local development
- Proparco also offers specific products to promote development in emerging markets through private equity funds, as well as products to promote the development of SMEs, the private sector, electrification, and renewable power in Africa
Performance highlights
What's new?
- Proparco and AFD launched a USD 750 million program in partnership with the Green Climate Fund to fund low-carbon emission development
- Proparco joined the Independent Complaints Mechanism of its German and Dutch counterparts, DEG and FMO
- Through the 2X Challenge initiative, Proparco and the G7 development finance institutions committed to mobilizing USD 3 billion by 2020 for investment in business activities that will benefit women
- Proparco joined a unique alliance of over 40 fintech investors and digital finance innovators to promote responsible digital finance
- All operations financed by Proparco are themselves subject to some of the most rigorous selectivity criteria among bilateral donors