Meghna Rice
Sector: Warehouse • Location: Bangladesh
Source: International Finance Corporation (IFC)
The proposed investment is for up to US$35 million equivalent loans to Tanveer Foods Limited (“TFL” or the “Company”). The financing is proposed to include up to US$21 million senior-secured A loan from IFC (the “A Loan”) alongside up to US$14 million from a GAFSP-subordinated loan (in liquidation) (the “GAFSP Loan” and altogether, the “IFC Loan”). IFC’s financing package will be used for setting
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Participants
Sponsoring Agency | Obfuscated Data |
Company | Obfuscated Data |
Status
Original status | active |
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 investment is for up to US$35 million equivalent loans to Tanveer Foods Limited (“TFL” or the “Company”). The financing is proposed to include up to US$21 million senior-secured A loan from IFC (the “A Loan”) alongside up to US$14 million from a GAFSP-subordinated loan (in liquidation) (the “GAFSP Loan” and altogether, the “IFC Loan”). IFC’s financing package will be used for setting up a greenfield automated rice mill with processing capacity of 1,000 Metric Tonnes Per Day (“MTPD”). The Project will also include the construction of an 80 MTPD rice bran oil plant and a husk-based co-generation plant, altogether the “Project”. The Project will improve food safety through the adoption of best technologies and practices in an otherwise largely unorganized rice sector in Bangladesh. |
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
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Article Published Date | Obfuscated Data |