LAS VEGAS, March 15, 2016 /PRNewswire/ -- Industry leader InvestBank Corp. has increased its leading investment banking market share in the South American country of Ecuador. In recent years, Ecuador has had one of the fastest growing economies in Latin America. Ecuador's developing economy has attracted investors from around the world.
InvestBank Corp., headquartered in the United States of America, is the leading firm providing investment banking advisory services to companies in Ecuador. InvestBank Corp. assists companies in Ecuador and clients throughout Latin America and around the globe with their capital raising and advisory needs. InvestBank is currently working with some of the most prestigious companies in Ecuador.
InvestBank Corp. is currently working to finalize an USD 78.5MM financing facility for an Ecuadorian real property developer that is one of the leading real property developers in Latin America. The USD 78.5MM financing facility includes: (1) the debt refinancing of Scala Shopping, one of the premier commercial shopping centers in South America; (2) the debt refinancing of Condado Shopping, a leading commercial shopping center in Ecuador; and (3) cash out for the developer. InvestBank Corp. is arranging the USD 78.5MM financing facility from a leading U.S. based private equity real estate company.
Equitatis S.A., a leader in the Ecuadorian electricity market, has also engaged U.S. based InvestBank Corp. to secure financing. Equitatis is a system integrator that provides process control, field support, civil, electrical, and mechanical construction through an array of contractor partnerships. Equitatis S.A. provides a diverse selection of services in Ecuador, and leads in every category they enter.
Equitatis S.A. is developing the Sabanilla hydroelectric power plant, located in Ecuador on the Sabanilla River in the Province of Zamora Chinchipe. The Sabanilla hydroelectric power plant is a shovel-ready project that will have a nominal capacity of 29.9 MW. Equitatis has engaged InvestBank Corp. to secure USD 50MM in financing from institutional investors to finish the construction and to commission the Sabanilla project, and to acquire the remaining 3% of the land required to develop the project.
Aseguradora del Sur S.A., one of Ecuador's leading insurance companies, is another Ecuadorian company that has engaged InvestBank Corp. The company has engaged InvestBank to secure a senior debt financing facility. The financing facility will allow Aseguradora del Sur to meet government mandated reserve requirements and will also be used for working capital.
A spokesperson for InvestBank Corp. stated the company is very proud of its leading investment banking market position in Ecuador. After providing investment banking advisory services to select international and U.S. domestic clients for over 13 years, InvestBank Corp.'s industry reputation is impeccable. The acclaimed global investment bank is continuing its expansion in Latin America and around the world.
About InvestBank Corp.
InvestBank Corp. is a premier global investment bank headquartered in the United States of America. InvestBank Corp. is an opportunistic firm which engages select clients and represents institutional sources of capital. For more information about InvestBank, please visit the company's website at www.investbankcorp.com.
SOURCE InvestBank Corp.