The IFC is the funding arm of the prestigious World Bank. Credit information listed below including top AAA rating from Standard and Poor's. This is a huge accomplishment for a smaller company to attain approval with the IFC and should add major credilbilty to both the Colombian Mines and it's properties. By all acconts the due diligence process to achieve the IFC's approval is extremely extensive.
https://en.wikipedia.org/wiki/International_Finance_Corporation
The IFC received
credit ratings of AAA from
Standard & Poor's in December 2012 and Aaa from
Moody's Investors Service in November 2012.
[35][36] S&P rated the IFC as having a strong financial standing with adequate capital and liquidity, cautious management policies, a high level of geographic diversification, and anticipated treatment as a
preferred creditor given its membership in the World Bank Group.
www.ifc.org
Equity Finance
IFC takes equity stakes in private sector companies and other entities such as financial institutions, portfolio and investment funds in developing countries. IFC is a long-term investor and usually maintains equity investments for a period of 8 to 15 years. When the time comes to sell, IFC prefers to exit by selling its shares through the domestic stock market in a way that will benefit the enterprise, often in a public offering.
IFC invest directly in companies’ equity, and also through private equity funds. In FY13, equity investments accounted for nearly $2.7 billion of the commitment IFC made for its own account.
To ensure the participation of other private investors, the Corporation generally subscribes between 5 percent and 20 percent of a project's equity. We encourage the companies we invest in to broaden share ownership through public listing, thereby deepening local capital markets. We also invest through profit participating loans, convertible loans, and preferred shares.
IFC's equity investments are based on project needs and anticipated returns. The Corporation does not take an active role in company management.
IFC risks its own capital and does not accept government guarantees. However, to meet national ownership requirements, IFC shareholdings can be treated as domestic capital or local shares.