Mainstreaming the Multitranche Financing Facility (MFF)
Institutional Document | June 2008
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The multitranche financing facility (MFF) establishes a partnership between ADB and a client for working in a sector or sectors. It features a standby letter of credit and can be used to extend debt finance or advice.
An MFF establishes a partnership between ADB and a client for the purposes of working in a sector or sectors. It has features of a standby letter of credit, and can be used to extend debt finance and advice for (a) large stand-alone projects with interrelated components, (b) investment programs with interconnected components in a sector or sectors, and (c) credit lines for small and medium-sized enterprises and local governments.
Contents
- Pilot Financing Instruments and Modalities
- The Multitranche Financing Faciclity
- Lessons
- Mainstreaming the Multitranche Financing Facility
- Recommendation
- Appendixes
Additional Details
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