Grupo RAS: Catalyzing Investment in Uruguay’s Logistics Infrastructure

approved

Mayabel S.A., a subsidiary of Grupo RAS (“the Group”), is a vertically integrated transportation and logistics conglomerate headquartered in Uruguay, with operations throughout Latin America and over 30 years of experience. The financing proposal includes a secured senior loan of up to US$30 million to support the expansion of its flagship logistics hub, Parque Industrial Ruta 5 (PIR5), strategically located 32 kilometers from Montevideo. Covering an area of 105 hectares and offering significant growth potential, PIR5 is one of the largest and most advanced logistics hubs in the Montevideo metropolitan area. These investments will facilitate international trade and enhance logistics services, fostering more resilient and efficient logistics networks.The project also includes a refinancing component to replace existing debt with more favorable terms offered by IDB Invest, improving the capital structure and strengthening the Group’s long-term financial stability