Media Development Investment Fund
MDIF Media Finance I B.V., fixed-income fund with 55% first-loss protection providing debt financing to critical news media in emerging/frontier markets
- Stage Full Product Ready
- Industry Media and Entertainment
- Location New York, NY, US
- Currency USD
- Founded May 1995
- Employees 30
- Incorporation Type Not Incorporated
- Website mdif.org
Company Summary
Media Development Investment Fund invests in independent media around the world providing the news, information and debate that people need to build free, thriving societies. In November 2016 it held first close of a new blended-value loan fund providing up to USD6 million in affordable debt. Paying investors a 4% annual coupon, MDIF and Swedish International Development Cooperation Agency (Sida) provide investors with 55% first-loss protection.
Team
Previous Investors
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Open Society FoundationsUnconfirmedKL Felicitas FoundationUnconfirmed
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