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Complementary Financing

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Complementary Financing
A type of financing in which different lenders agree to fund under similar yet parallel documentation and a pro rata security package.

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Creative system and network designs with complementary financing enabled customers to improve operations with disaster recovery, server consolidation, mobile workforce solutions, and Web services.
The financing consists of a $50 million direct loan from the ADB, a $20 million co financing facility arranged under the ADB's Complementary Financing Scheme and a $70 million facility guaranteed by the ADB pursuant to its Partial Risk Guarantee program.
 
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