ETG Edible Oils
Sector: Consumer Products • Location: Africa Region
Source: International Finance Corporation (IFC)
The proposed IFC investment of up to US$100M unsecured loan as part of a US$155M debt package (6 years, including a 2-year grace) to ETC Group (“ETG” or “the Group” or “the Company”) to support the expansion of its edible oil facilities in Malawi, Rwanda and Zambia as well as general working capital purposes (the “Project”). IFC is to mobilize at least US$55M through its syndication partners. ETG
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Participants
Sponsoring Agency | Obfuscated Data |
Company | Obfuscated Data |
Status
Original status | pending |
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 IFC investment of up to US$100M unsecured loan as part of a US$155M debt package (6 years, including a 2-year grace) to ETC Group (“ETG” or “the Group” or “the Company”) to support the expansion of its edible oil facilities in Malawi, Rwanda and Zambia as well as general working capital purposes (the “Project”). IFC is to mobilize at least US$55M through its syndication partners. ETG is an existing IFC client. They are a vertically integrated agricultural supply chain manager involved in the origination, procurement, warehousing, logistics of multiple agricultural commodities and processing of consumer products. It is active in over 26 African countries, as well as in India, China and South East Asia and has additional trading, merchandising and/or treasury desks in Europe, the Americas and the Middle East |
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 |