Agricover SL
Sector: Raw Materials • Location: Romania
Source: International Finance Corporation (IFC)
The proposed investment consists of a senior unsecured loan of up to €30 million (US$32.5 million equivalent), including up to €15 million (US$16.25 million equivalent) for IFC’s own account and up to €15 million (US$16.25 million equivalent) potential mobilization, to Agricover Credit IFN SA (“IFN” or “the Company”) (the Project).IFN has been an IFC client since 2012 and is the largest Romanian n
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Participants
Sponsoring Agency | Obfuscated Data |
Company | Obfuscated Data |
Status
Original status | active |
Taiyo status | Obfuscated Data |
Taiyo last update | 00-00-0000 |
Available timestamps | 00-00-0000 |
Available timestamp type | Obfuscated Data |
Contact
Contact name | Obfuscated Data |
Phone | 0000000000 |
ObfuscatedData@email.com | |
Address | Obfuscated Data, Obfuscated data, obfuscated data, Obfuscated data |
Description
Description | The proposed investment consists of a senior unsecured loan of up to €30 million (US$32.5 million equivalent), including up to €15 million (US$16.25 million equivalent) for IFC’s own account and up to €15 million (US$16.25 million equivalent) potential mobilization, to Agricover Credit IFN SA (“IFN” or “the Company”) (the Project).IFN has been an IFC client since 2012 and is the largest Romanian non-bank financial institution specializing in financing the agricultural sector. The loan’s proceeds will be entirely used to support the Company’s loans to Romanian SMEs in the agricultural sector, many of which are owned by farmers, with at least 50% of proceeds to be directed towards women owned SMEs. The Project is expected to be supported by the IFC’s Banking on Women program, subject to the Company achieving agreed targets. |
Original sub-sector | Obfuscated |
Original Currency | USD |
Original budget | 000000000000000 |
Procurement method | Obfuscated Data |
Budget | 000000000000000 |
Location
Region | Obfuscated |
Country | Obfuscated |
State | Obfuscated Data |
County | Obfuscated |
Location | Obfuscated Data, Obfuscated data, obfuscated data, Obfuscated data |
Source
Source reliability | High |
Data quality score | 100% |
Source | Obfuscated Data |
URL | obfuscated_data,obfuscateddata.com |
More Details
Project Type | Obfuscated Data |
Article Published Date | Obfuscated Data |