MIGA issued coverage of $2.7 million for a loan guaranty to S.A. White Martins of Brazil for its guaranty of a loan by Banco Santander S.A. for expansion of an industrial gas company in Pisco. MIGA co
MIGA issued $17.9 million in coverage to Companhia Brasileira de Projetos e Obras of Brazil for its equity investment in a toll road in Buenos Aires. MIGA covered the investment against the risks of t
Philips Electronics, N.V. of the Netherlands received a $27 million MIGA guarantee against the risks of expropriation and transfer restriction for its $30 million loan to Philips do Brasil, Ltda., its
MIGA reinsured a guarantee issued by the Overseas Private Investment Corporation of the United States to AES Corporation and Houston Industries Energy, Inc., both of the United States. The two compani
MIGA issued $21.6 million of coverage to Parmalat, S.p.A., of Italy for its loan guaranty in connection with the construction of a new bakery plant in Jundiai, Sao Paulo. Parmalat's guaranty covers a
MIGA insured equity and loans in the expansion of soft drink and beer bottling facilities in the Brazilian states of Paraná and São Paulo. Gribal, S.A., a Uruguayan company, received $4.1 mi
Puerto Seco, S.A., of Argentina invested $15 million of equity, and Lloyds Bank of the United Kingdom lent $13.4 million, toward the acquisition and modernization of an automotive parts factory in Bra
Lloyds Bank PIc. of the United Kingdom has received MIGA insurance of $12 million against the risks of currency transfer and expropriation for a shareholder loan to its Brazilian branch, Lloyds Bank o
MIGA issued its first coverage in Brazil for $22.5 million to the First National Bank of Boston to expand its branch banking capacity in that country. The loan will enable the branch to upgrade its fi