Brazil, Nov. 26 -- IFC and Localiza&Co, the largest car rental company in Brazil, have signed a financing package aimed at supporting the company's fleet renewal with energy-efficient, low-emission vehicles, contributing to Brazil's transition to a cleaner transport sector, while also driving economic growth in the automotive and maintenance industries. This is IFC's first debt financing to a mobility service provider in the country.IFC's financial package includes a BRL 1 billion loan from IFC's own resources granted in 2023, and $472 million (equivalent to BRL 2.6 billion) recently mobilized from eight international banks.Localiza&Co's sustainability program is focused on developing its first sustainability-linked framework (SLF), which I...