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El Rosado II Bono

Sector: Manufacturing (Industrial) • Location: Ecuador

Source: Inter-American Development Bank (IADB)

Project
Proposed

This Transaction consists in subscribing a senior corporate bond for up to USD 20 million over a term of up to 5 years for Corporación El Rosado S.A. (“El Rosado”). It also entails mobilizing resources to complete the cost of the Project, totaling USD 25 million. The use of funds is made up by sustainable investments for the period 2023-2024 related to the production of clean energy, energy effici

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Project Information

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The project “El Rosado II Bono” is an infrastructure initiative in the Manufacturing (Industrial) sector, located in Ecuador. Taiyo aggregates data on it from Inter-American Development Bank (IADB).

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Participants

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Company

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Status

Original status

proposed

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Description

Description

This Transaction consists in subscribing a senior corporate bond for up to USD 20 million over a term of up to 5 years for Corporación El Rosado S.A. (“El Rosado”). It also entails mobilizing resources to complete the cost of the Project, totaling USD 25 million. The use of funds is made up by sustainable investments for the period 2023-2024 related to the production of clean energy, energy efficiency and reduction of CO2 emissions.El Rosado is a company with over 66 years’ experience being one of the largest groups of companies in Ecuador with presence countrywide through its different business lines including the second largest supermarket chain in Ecuador. As from its inception, the Company has been involved in the development of the private and national sector currently being one of the largest employers in Ecuador.

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Original Currency

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Source

Source reliability

High

Data quality score

100%

Source

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URL

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More Details

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