RG-L1019 : Regional Sugar and Bio-Energy Program

Project Status
Approved

The purpose of the Latin American Capital Finance Regional Sugar and Bio-energy Program ("LACFIN" or the "Program") is to make loans to the sugar and bio-fuels industries in Latin America and the Caribbean and increase the availability of financing to sugar mills, ethanol distilleries and producers of bio-energy. The maximum target Program size is expected to be up to approximately US$ 250 million, which would include equity provided by a private equity firm ("Reservoir") in the amount of US$75 million and debt financing provided by the IDB in the form of a US$ 75 million Senior A Loan in the initial phase.

PROJECT DETAIL

Project Number RG-L1019
Financial Information
Project Number RG-L1019
Project Status Cancelled
IDB Financing
Financing Type Private Sector Loan
Fund Ordinary Capital
Reporting currency USD - United States Dollar
Reporting Date SEP 30, 2017
Roles & Responsibilities
Contract Signature Date
Financial Information
Project Number RG-L1019
Project Status Cancelled
IDB Financing
Financing Type Complementary Line of Credit
Fund Ordinary Capital
Reporting currency USD - United States Dollar
Reporting Date SEP 30, 2017
Roles & Responsibilities
Contract Signature Date
Country Regional
Project Type Loan Operation

PROJECT INFORMATION

Total Cost H USD 150,000,000
Country Counterpart Financing USD 25,000,000
IDB Financing
Reporting currency USD - United States Dollar
Estimated Cofinancing(s) USD 75,000,000
PORTFOLIO DETAILS
Key Value
H Historical
R Revalued

*For active and closed projects, the IDB financing at Board approval is shown in US$ millions. This does not reflect any cancellations. For projects in Preparation the amount shown is the Estimated IDB Financing. Approved projects shows either Estimated IDB Financing or Historic Approved amount. The IDB financing for projects in the pipeline is indicative and may be modified during the project preparatio

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