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EC-L1063 : La Internacional

Project Status: Closed

La Internacional S.A., an Ecuadorian producer of denim primarily owned by Brazil¿s Vicunha Textil S.A., has planned a production capacity expansion in 2010-2011. In order to assist La Internacional in carrying out its strategy, the proposed IDB A/B loan of US$25 million includes two components: (i) financing of capital investments totaling US$19.6 million in 2010 and 2011; and, (ii) debt refinancing and working capital financing of US$5.4 million

Project Detail

Project Number
EC-L1063
Project Country
Ecuador
Project Sector
Project Subsector
Project Type
Loan Operation
Project Status
Closed
Operation Number
2489B/OC-EC

Financial Information

Project Number
EC-L1063
Project Status
Closed

IDB Financing

Financing type
PAR
Fund
Ordinary Capital
Reporting currency
USD - United States Dollar
Reporting date
Sep/30/2020

Roles & Responsibilities

Contract signature date
Mar/15/2011
Operation Number
2489A/OC-EC

Financial Information

Project Number
EC-L1063
Project Status
Closed

IDB Financing

Financing type
PSL
Fund
Ordinary Capital
Reporting currency
USD - United States Dollar
Reporting date
Oct/30/2020

Roles & Responsibilities

Contract signature date
Mar/15/2011

Project Information

Total Cost
USD 25,000,000
Country counterpart financing
USD 0
Amount
USD 10,000,000

Preparation

Title
Type
Project Number
Date Published
Environmental & Social Management Reports
EC-L1063
October 22, 2010
Project Abstract
EC-L1063
September 23, 2010
Environmental & Social Strategies
EC-L1063
August 01, 2008
Project Abstract
EC-L1063
August 01, 2008

Approved

Title
Type
Project Number
Date Published
Agreement - Financial Closing - SCF
2489A/OC-EC;2489A/OC-EC-1;2489B/OC-EC;2489B/OC-EC-1;EC-L1063;EC-L1148
April 08, 2015