IFC proposes $50m loan to apparel maker MAS Holdings

IFC proposes $50m loan to apparel maker MAS Holdings

Photo by Priscilla Du Preez on Unsplash

The International Finance Corp. has proposed providing Sri Lanka-based MAS Holdings’ apparel unit MAS Capital a $50 million loan to help the company weather the COVID-19 pandemic, according to an announcement on the development bank’s website last week.