Club Atletico River Plate: Investing in Sports Facilities for Social Inclusion
Sector: Commercial • Location: Argentina
Source: Inter-American Development Bank (IADB)
The proposed transaction consists of a senior secured financing of up to US$100 million to Club Atlético River Plate Asociación Civil (“CARP” or the “Club”), a non‑profit organization incorporated under the laws of the Republic of Argentina. The loan structure comprises: (i) an IDB Invest loan of up to US$50 million; and (ii) a CAF loan of up to US$50 million.The loan proceeds will be used: (i) to
Project Information FAQ
Project Information
Want to explore the full details? View the full report
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
Contact name | Obfuscated Data |
Phone | 0000000000 |
ObfuscatedData@email.com | |
Address | Obfuscated Data, Obfuscated data, obfuscated data, Obfuscated data |
Description
Description | The proposed transaction consists of a senior secured financing of up to US$100 million to Club Atlético River Plate Asociación Civil (“CARP” or the “Club”), a non‑profit organization incorporated under the laws of the Republic of Argentina. The loan structure comprises: (i) an IDB Invest loan of up to US$50 million; and (ii) a CAF loan of up to US$50 million.The loan proceeds will be used: (i) to refinance bridge financing used for the construction of the new school building and Casa River (the youth residence and development center), as well as (ii) to finance the construction of stadium improvements, including, among others, extending the useful life of the facility, improving acoustics, increasing capacity to 100,000 spectators, and installing a partial roof to enhance the spectator experience.With more than 350,000 members, CARP is one of the sports clubs with the largest membership worldwide and is widely recognized for its professional football department. The Club enables the practice of 20 federated sports, organizes recreational activities for the community, and operates its own school with more than 1,000 students per year, ranging from early childhood through higher education, combining academic excellence with athletic training. |
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 |
