COFIDES financial instruments are tailored to the needs of each project as regards financial conditions, duration and the guarantees that need to be provided. COFIDES can finance the following project categories:
- Those with a Project Finance structure
- Cash flow from the international operation or assets of the project itself as the main guarantee
- Corporate guarantee from the developer
COFIDES offers the following financial instruments:
1. Equity investment
Direct or indirect holdings in companies created abroad are always minority, transitory and with a repurchase agreement with the Spanish investor. COFIDES does not participate in the daily management of the project; this is a task undertaken by developers. The following modalities are available:
With the option of granting the loan either to the project company abroad or to the Spanish investor. The terms are related to the expected return period for the project, normally between 3 and 10 years and generous grace periods during the first years of the project.
2.1 Senior loans
2.2 Junior loans
Lower ranking loan compared to other forms of credit.