Oasis Atlantico
Sector: Commercial • Location: Cabo Verde
Source: International Finance Corporation (IFC)
The proposed investment is a corporate loan to three Cabo Verdean group entities of the O?sis Atl?ntico? Group (OA), an established owner/operator, which has been running 4 and 5 star resort hotels for more than 25 years. The Co-Borrowers of this investment will be: (i) O?sis Atl?ntico Imobili?ria, S.A.; (ii) Sal H?teis, S.A., (iii) Hotelmar, S.A. The proceeds will be used to replace OA?s existin
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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 |
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Address | Obfuscated Data, Obfuscated data, obfuscated data, Obfuscated data |
Description
Description | The proposed investment is a corporate loan to three Cabo Verdean group entities of the O?sis Atl?ntico? Group (OA), an established owner/operator, which has been running 4 and 5 star resort hotels for more than 25 years. The Co-Borrowers of this investment will be: (i) O?sis Atl?ntico Imobili?ria, S.A.; (ii) Sal H?teis, S.A., (iii) Hotelmar, S.A. The proceeds will be used to replace OA?s existing debt. The investment will enable OA to rationalize the lender group by repaying smaller lenders. It will also allow to: (i) enhance the Group?s financial structure, through longer maturities, mitigating the impact of the COVID-19 pandemic and provide operational liquidity for the Group during the anticipated sector recovery period (2021-2025);? and (ii) free up cash generation required to finance critical maintenance capex, which will ensure that the hotels remain compliant with the global best industry standards. |
Original sub-sector | Obfuscated |
Original Currency | USD |
Original budget | 000000000000000 |
Procurement method | Obfuscated Data |
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Location
Region | Obfuscated |
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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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