MABE

in implementation

The Project with Mabe is an Uncommitted Revolving Payment Services Facility for US$50 million, or its equivalent in Mex$ (the “Facility”), to provide payment services for suppliers of Mabe or its eligible subsidiaries. The Facility will have an initial tenor of 12 months, renewable on a yearly basis at IDB Invest’s discretion for up to 6 additional years.The Facility will provide Mabe’s suppliers with an innovative alternative solution to finance its working capital needs, using E-Factor Network platform.This solution will enable the supplier base (including small and medium size companies, “SME’s”) to obtain more favorable financing conditions than those they can obtain in the local market on their own. SME Supply Chain Financing through corporates like Mabe is one of the ways IDB Invest will focus in this segment. These kinds of solutions are aligned with IDB Invest’s innovative approach with SMEs.