Afya Secures Full Disbursement of R$500 Million From IFC to Support the Company’s Expansion
2024年8月31日 - 5:42AM
ビジネスワイヤ(英語)
Afya Limited (Nasdaq: AFYA; B3: A2FY34) (“Afya” or the
“Company”), the leading medical education group and medical
practice solutions provider in Brazil announced today that its
wholly-owned subsidiary, Afya Participações S.A., has received the
total disbursement of BRL500.0 million under the loan agreement
with International Finance Corporation ("IFC") to support the
Company’s expansion program.
The financing is IFC’s first sustainability-linked loan based on
social targets in the education sector. The pricing of IFC’s loan
will be linked to Afya reaching performance target levels in
selected social key performance indicators encompassing free
medical consultations for the community and quality of education
according to Brazil’s Ministry of Education criteria
(“Sustainability KPIs”).
According to the financing terms, the loan shall be repaid in
seven equal semi-annual installments starting in April 2027. The
interest rate is the Brazilian CDI rate plus 1.2%, and it may be
reduced by 15 bps if the Sustainability KPIs are achieved.
For more information, please visit https://ir.afya.com.br.
About Afya Limited (Nasdaq: AFYA, B3: A2FY34)
Afya is a leading medical education group in Brazil based on the
number of medical school seats, delivering an end-to-end
physician-centric ecosystem that serves and empowers students and
physicians to transform their ambitions into rewarding lifelong
experiences from the moment they join us as medical students
through their medical residency preparation, graduation program,
continuing medical education activities and offering medical
practice solutions to help doctors enhance their healthcare
services through their whole career.
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version on businesswire.com: https://www.businesswire.com/news/home/20240830164123/en/
Investor Relations Contact: Afya Limited ir@afya.com.br
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