Umai Logopark
Sector: Water Supply and Storage • Location: Kyrgyz Republic
Source: International Finance Corporation (IFC)
IFC is considering an up to US$50 million secured senior loan (IFC Financing) to Umai Group LLC (Umai), the largest retail chain operator in the Kyrgyz Republic (KR), and LogoPark LLC (LogoPark), a newly established project management company. Both entities are subsidiaries of Visor International DMCC and will be co-borrowers (‘companies’). LogoPark will build a centralized distribution center (DC
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Participants
Sponsoring Agency | Obfuscated Data |
Company | Obfuscated Data |
Status
Original status | pending |
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 is considering an up to US$50 million secured senior loan (IFC Financing) to Umai Group LLC (Umai), the largest retail chain operator in the Kyrgyz Republic (KR), and LogoPark LLC (LogoPark), a newly established project management company. Both entities are subsidiaries of Visor International DMCC and will be co-borrowers (‘companies’). LogoPark will build a centralized distribution center (DC) to support the long-term growth of Umai in the next five to seven years. The IFC Financing will support Umai’s expansion plan up to 2029, which is expected to include 158 new stores, composed of supermarkets (3%), express grocery stores (18%) and proximity/convenience stores (79%). IFC Financing will be limited to (i) the construction of new retail stores, (US$38mn), and ii) a greenfield 26,000 sqm warehouse (US$33mn) which is in the planning stage (together, the Project). |
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 |
