Administration of Equity Investment in Nuventura GmbH: Report and Recommendation of the President
Reports and Recommendations of the President
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September 2021
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ADB will provide financing to Nuventura to be used by its Singapore subsidiary, to be set up before the closing of the investment, in the form of a convertible loan agreement between Nuventura and ADB. The balance of the approved equity amount may be invested in subsequent fundraising rounds that Nuventura is expected to undertake.
The report and recommendation of the President to the Board of Directors (RRP) document describes the terms and conditions of a project for consideration and approval by ADB's Board of Directors.
This document dated September 2021 is provided for the ADB regional project 55273-001.