Tegeta Envelope
Sector: Water Supply and Storage • Location: Georgia
Source: International Finance Corporation (IFC)
IFC’s Board of Directors approved an up to US$40 million (or equivalent in Georgian Lari) long term financing package for Tegeta Motors LLC (Tegeta), Georgia’s leading automotive trade and repair services company. The financing will be deployed in two phases, beginning with a first investment of up to US$20 million to support Tegeta’s GEL 260 million Sustainability Linked Bond (SLB). IFC’s financ
Project Information FAQ
Project Information
Want to explore the full details? View the full report
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 | IFC’s Board of Directors approved an up to US$40 million (or equivalent in Georgian Lari) long term financing package for Tegeta Motors LLC (Tegeta), Georgia’s leading automotive trade and repair services company. The financing will be deployed in two phases, beginning with a first investment of up to US$20 million to support Tegeta’s GEL 260 million Sustainability Linked Bond (SLB). IFC’s financing will support Tegeta’s investment program, which includes (i) expanding its fleet with hybrid and electric vehicles, to grow its sales, leasing, and rental activities; and (ii) refinancing maturing obligations to enhance financial resilience. |
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
Project Type | Obfuscated Data |
Article Published Date | Obfuscated Data |