Institution details
British International Investment (BII) (CDC)
Key facts
- Established in 1948
- Ownership: Public
- 123 Victoria Street
- None
- https://www.bii.co.uk/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
- Debt
- Intermediated equity
Equity
- CDC can provide equity investments in the range of USD 10 to USD 150 million to businesses across its priority sectors
- While it occasionally acquires controlling stakes, CDC typically takes influential minority positions
Debt
- CDC can provide debt to businesses and projects, ranging from USD 20 to USD 100 million, in four ways:
- Project finance: Tenors of up to 8 years
- Corporate debt: Senior secured loans, mezzanine or promoter financing structures, and funded and unfunded guarantees
- Trade finance: Risk-sharing facilities with regional banks
- Financial institutions lending: Direct loans to financial institutions to provide Tier 2 capital
Intermediated Equity
- CDC can invest in investment funds, typically country-focused funds, ranging from USD 5 million to over USD 150 million