Tilemaster Loan
Sector: Manufacturing (Industrial) • Location: Mauritius
Source: International Finance Corporation (IFC)
The proposed investment will be up to €200 million (m) debt facility consisting of up to €154m IFC A-loan and up to €46m MCPP to Tilemaster Investment Ltd. (Tilemaster, the Company, or the Borrower), an existing IFC borrower (see ). The financing is proposed to be unsecured, and fully guaranteed by Keda Industrial Group Co. Ltd (
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 | The proposed investment will be up to €200 million (m) debt facility consisting of up to €154m IFC A-loan and up to €46m MCPP to Tilemaster Investment Ltd. (Tilemaster, the Company, or the Borrower), an existing IFC borrower (see https://disclosures.ifc.org/project-detail/ESRS/42507/ceramic-tile-af). The financing is proposed to be unsecured, and fully guaranteed by Keda Industrial Group Co. Ltd (the Guarantor). The proposed loan will finance Tilemaster’s €370m corporate capital investment program and long-term working capital needs in Africa in order to (i) expand production within the existing operational footprint in Ghana by adding a new production line for both ceramic tile and sanitary ware (ii) set up an architectural flat glass plant in Tanzania (in Mkuranga, 50 km south of Dar es Salaam) with estimated production of 219K tons of glass per annum. |
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 |