Costa Rica: $100 Million for Agri-Food Company

The Latin American Bank for Foreign Trade has granted Dos Pinos a syndicated loan of $100 million over five years, for three of the companies belonging to the cooperative.

Wednesday, October 4, 2017

>The loan to Cooperativa de Leche Dos Pinos was structured as a "Club Deal" between Bladex, Banco General, S.A. and Banistmo, S.A., who acted as co-structurers. Bladex also serves as the Administrative Agent at the facility.  

See also: "
Central American Trade in Milk and Dairy Up 4%"

The loan is amortizable, has a term of five years and will be used to improve the debt maturity profile of the Company. 

Transnieve Ltd., Corporación Industrial Americana Ltd. and Productos Nevada S. de R.L., companies belonging to Dos Pinos, will be specifically awarded.

The funds will be used to improve the Company's debt maturity profile. 

See full press release (In Spanish).

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