La Internacional
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

Country

Ecuador

Project Number

EC-L1063

Approval Date

December 10, 2010

Project Status

Closed

Project Type

Loan Operation

Sector

-

Subsector

-

Lending Instrument

IDB Invest

Lending Instrument Code

IIC

Modality

PSL (Private Sector Loan)

Facility Type

-

Environmental and Social Impact Category (ESIC)

-

Total Cost

USD 25,000,000.00

Country Counterpart Financing

USD 0.00

Original Amount Approved

USD 10,000,000.00
Financial Information
Operation Number Lending Type Reporting Currency Reporting Date Signed Date Fund Financial Instrument
2489A/OC-EC Non-Sovereign Guaranteed USD - United States Dollar Ordinary Capital Private Sector Financing
2489B/OC-EC Non-Sovereign Guaranteed USD - United States Dollar Ordinary Capital Participant Financing
Operation Number 2489A/OC-EC
  • Lending Type: Non-Sovereign Guaranteed
  • Reporting Currency: USD - United States Dollar
  • Reporting Date:
  • Signed Date:
  • Fund: Ordinary Capital
  • Financial Instrument: Private Sector Financing
Operation Number 2489B/OC-EC
  • Lending Type: Non-Sovereign Guaranteed
  • Reporting Currency: USD - United States Dollar
  • Reporting Date:
  • Signed Date:
  • Fund: Ordinary Capital
  • Financial Instrument: Participant Financing

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 Implementation Phase
https://www.iadb.org/document.cfm?id=EZSHARE-132396345-1497
Agreement - Financial Closing - SCF
Ecuador_ Loan 2489_OC-EC to Vicunha Ecuador S_A_ [39602181].PDF
May. 05, 2015
English
https://www.iadb.org/document.cfm?id=EZSHARE-613841417-23277
Agreement - Financial Closing - SCF
Ecuador_ Préstamo 2489_OC-EC a Vicunha Ecuador S_A_ [39602613].PDF
May. 11, 2015
Spanish
 Preparation Phase
https://www.iadb.org/document.cfm?id=EZSHARE-613841417-23281
Project Abstract
La Internacional Project [35364844].docx
Dec. 31, 1999
English

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