Applaudo El Salvador Digital transformation financing
Sector: Commercial • Location: Regional
Source: Inter-American Development Bank (IADB)
IDB Invest is considering providing up to US$12 million in long-term financing to Apps Solutions International Inc. (“Applaudo” or the “Company”), a company incorporated in Panama. The proposed financing package includes a senior A Loan of up to US$4 million from IDB Invest and a senior B Loan of up to US$8 million by third parties.The proposed financing will be used to (i) fund capital expenditu
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Participants
Sponsoring Agency | Obfuscated Data |
Company | Obfuscated Data |
Status
Original status | proposed |
Taiyo status | Obfuscated Data |
Taiyo last update | 00-00-0000 |
Available timestamps | 00-00-0000 |
Available timestamp type | Obfuscated Data |
Contact
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Address | Obfuscated Data, Obfuscated data, obfuscated data, Obfuscated data |
Description
Description | IDB Invest is considering providing up to US$12 million in long-term financing to Apps Solutions International Inc. (“Applaudo” or the “Company”), a company incorporated in Panama. The proposed financing package includes a senior A Loan of up to US$4 million from IDB Invest and a senior B Loan of up to US$8 million by third parties.The proposed financing will be used to (i) fund capital expenditures for the development of new products, (ii) implement operational efficiency improvements, (iii) carry out key technological upgrades, (iv) support workforce expansion through the hiring of additional personnel, and (v) strengthen its overall financial position.The objective of the proposed financing is to support Applaudo’s growth and enhance its competitiveness in the digital services sector, contributing to the expansion of high-value digital capabilities and services across its markets in El Salvador. |
Original sub-sector | Obfuscated |
Original Currency | USD |
Original budget | 000000000000000 |
Procurement method | Obfuscated Data |
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Location
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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
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