Pantaleon – Advancing Sustainable Agribusiness in Guatemala

proposed

The proposed financing to PSA, a leading company in the sugar sector in Central America (“CA”), and its affiliated companies PCC and Panor, consists of a loan of up to US$100 million (the “Financing”), to be structured as follows: (i) up to US$75 million in a long-term loan (the “LT Loan”); and (ii) up to US$25 million in a revolving loan (the “Revolving Loan”). The Companies will use IDB Invest’s funds as follows: (i) the LT Loan to finance fixed investments in Guatemala, including investments to strengthen agricultural operations and long-term resilience; and (ii) the Revolving Loan to finance working capital related to sugar production, primarily in Guatemala, and its export (the “Project”).The main development objectives of the Financing include: (i) increasing agricultural productivity; (ii) supporting income generation across the sugar value chain, including rural communities and sugarcane suppliers, with expanded economic opportunities for women; (iii) improving operational efficiency, resource management, and long-term resilience to weather-related and operational risks; and (iv) strengthening integration with external markets.