Quasar Expeditions

in implementation

This transaction consists of a loan of up to US$14 million to finance a growth plan for Iguanatours Cruceros Marítimos S.A., Galpacífico Turs S.A., and Beaglelogistics Cia. Ltda., co-borrowing entities that are part of the companyQuasar Expeditions. It will also facilitate a series of initiatives to promote a sustainability and conservation agenda in Ecuador’s Galápagos Islands.Quasar Expeditions is a sustainable tourism company that operates cruises and offers excursions to the Galapagos Islands in Ecuador. The funds from the loan will be used to finance the refurbishment and launch of an additional ship, the construction of an operations and logistics center, and the operation of a sailboat that will be used to provide technical and educational training to the local community in the Galapagos Islands. This transaction consists of a loan of up to US$14 million to finance a growth plan for Iguanatours Cruceros Marítimos S.A., Galpacífico Turs S.A., and Beaglelogistics Cia. Ltda., co-borrowing entities that are part of the company Quasar Expeditions. It will also facilitate a series of initiatives to promote a sustainability and conservation agenda in Ecuador’s Galápagos Islands. Quasar Expeditions is a sustainable tourism company that operates cruises and offers excursions to the Galapagos Islands in Ecuador. The funds from the loan will be used to finance the refurbishment and launch of an additional ship, the construction of an operations and logistics center, and the operation of a sailboat that will be used to provide technical and educational training to the local community in the Galapagos Islands.