Record of Approval on an Absence-of-Objection Basis - 2026 - Investment in Brazil - Votorantim Cimentos S.A. for the Votorantim C. II Project

Jul 19, 2026

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Board approval documentation records an absence-of-objection basis dated Friday, April 24, 2026, for an investment in Brazil involving Votorantim Cimentos S.A. for the Votorantim C. II Project. The Board of Directors of IFC approved a senior loan of up to US$70 million under reference IFC/R2026-0106, dated April 14, 2026. Lailee Jane Moghtader requested that her position be recorded as abstaining.

LanguageEnglish

CategoryResearch & Report

FormatPDF

Pages1

Reading Time3 min

Approval Summary

Investment Details

Reference and Dates

Abstention Record

FAQs

What basis and date were used for the IFC approval?

The approval was made on an absence-of-objection basis dated Friday, April 24, 2026.

What investment and financial instrument were approved?

IFC approved an investment in Brazil for the Votorantim C. II Project, consisting of a senior loan of up to US$70 million to Votorantim Cimentos S.A.

Who requested to be recorded as abstaining, and what reference supported the approval?

Lailee Jane Moghtader requested to be recorded as abstaining, and the approval reference is IFC/R2026-0106 dated April 14, 2026.

Jul 19, 2026

Upload by Hazel