BR-L1507 : Durli Brazil
Project Status: Preparation
The IIC was invited to participate in this financing from Cordiant Capital, who initially indicated that it would be participating with up to US $ 20.0 million. This loan will be used for: 1) Construction of the new plant in Paraguay with a production capacity of 4,000 wet blue hides and skins per crust per day (US $ 13 million) and working capital of the operation (US $ 6 million) In total an investment of US $ 19 million), and 2) Construction of the new plant in Bahia, Brazil, with production capacity of 4,000 units of wet blue skins (US $ 8 million) and working capital of the operation $ 5 million) (in total an investment of US $ 13 million) and 3). Refinancing of Durli's financial liabilities for US $ 18 million. Within this debt, 95% is short-term debt denominated in dollars.