MIGA issued a US$33 million guarantee to BEAL for its shareholder loan to its Brazilian branch. MIGA reinsured itself with five Lloyd's of London syndicates. The guarantee covers the investment agains
MIGA issued a guarantee to Schmalbach-Lubeca AG of Germany covering a portion of its $13 million equity investment in Braspet Industria e Comércio de Embalagens Plásticas Ltda. (Braspet) in
MIGA insured a groundbreaking initiative to assist the health care delivery system in Brazil, by covering investments in a special purpose company that manages medical equipment loans and leases. The
Increasing further the collaboration between the private insurance market and MIGA, the Agency issued its first contract involving Chubb & Son of the United States for a project in Brazil. Also pa
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