The proposed project consists of the construction of a crushing plant with an annual capacity of 2.7 million metric tons of soybeans, and related facilities (the "Project") in Timbues, Province of Santa Fe, Argentina. The Project will be constructed and operated by Noble Argentina S.A., (the "Company") established in 2001, which conducts all the agribusiness activities of the Noble Group in Argentina. The loan will be structured as an export-based term loan to the Company, supported by a long-term export contract between the Company and the Noble Group, and by security interests in Project assets.

Project Detail

Country

Argentina

Project Number

AR-L1085

Approval Date

December 17, 2008

Project Status

Closed

Project Type

Loan Operation

Sector

AGRICULTURE AND RURAL DEVELOPMENT

Subsector

AGRIBUSINESS

Lending Instrument

BID Invest

Lending Instrument Code

IIC

Modality

PSL (Private Sector Loan)

Facility Type

-

Environmental Classification

-

Total Cost

USD 160,000,000.00

Country Counterpart Financing

USD 40,000,000.00

Original Amount Approved

USD 75,000,000.00
Financial Information
Operation Number Lending Type Reporting Currency Reporting Date Signed Date Fund Financial Instrument
2101A/OC-AR Non-Sovereign Guaranteed USD - United States Dollar Ordinary Capital Private Sector Financing
2101B/OC-AR Non-Sovereign Guaranteed USD - United States Dollar Ordinary Capital Participant Financing
Operation Number 2101A/OC-AR
  • 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 2101B/OC-AR
  • Lending Type: Non-Sovereign Guaranteed
  • Reporting Currency: USD - United States Dollar
  • Reporting Date:
  • Signed Date:
  • Fund: Ordinary Capital
  • Financial Instrument: Participant Financing

Can’t find a document? Request information

 Preparation Phase
https://www.iadb.org/document.cfm?id=EZSHARE-673601798-25804
Environmental and Social Management Reports
Timbues Crushing Project [1790721].PDF
Dec. 31, 1999
English
https://www.iadb.org/document.cfm?id=EZSHARE-673601798-25805
Environmental and Social Strategies
Noble_Timbues Project [1585161].PDF
Dec. 31, 1999
English
https://www.iadb.org/document.cfm?id=EZSHARE-673601798-25806
Project Abstract
Noble_Timbues Project [1585151].PDF
Dec. 31, 1999
English

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