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EC-L1063 : La Internacional

Project Status: Completed

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
Approval date
December 10, 2010
Project Country
Ecuador
Project Type
Loan Operation
Project Status
Completed

Project Information

Total Cost
USD 25,000,000
Country counterpart financing
USD 0
Fund
Ordinary Capital

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