Afya (AFYA) has released an update.
Afya Limited, a premier medical education group in Brazil, has secured a full disbursement of R$500 million from the International Finance Corporation to support its expansion efforts. This sustainability-linked loan encourages Afya to meet specific social targets, including providing free medical consultations and maintaining high educational standards, with incentives for reduced interest rates. The loan, with a base interest rate of the Brazilian CDI plus 1.2%, is set to be repaid starting in April 2027.
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