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).

Do you need more information about your business sector?

Request more information:

this site is protected by reCAPTCHA and Google's privacy policy and terms of service.
Need assistance? Contact us
(506) 4001-6423

More on this topic

Panama: Investment in Attractive Dairy Market

November 2013

The Costa Rican cooperative Dos Pinos plans to reduce the deficit of 110 million liters of milk registered in the country where 300 million liters is consumed a year.

The Costa Rican firm plans to invest $5 million per year for the next five years as part of its market expansion strategy to position itself in the Panamanian dairy industry.

Dos Pinos Invests $33 Million in Costa Rica

January 2010

The dairy cooperative presented an expansion plan started in 2009 with an investment of $14 million and $19 million for 2010.

In 2009, the company built a facility for drying powdered milk, a 2.000 square meter distribution center and a sewage treatment plant.

In 2010, "the company will invest $12 million in constructing and remodeling veterinarian warehouses and branches around the country.

Dos Pinos in Panama since December

January 2009

After the Costa Rican Dos Pinos company and the Panama Diary Cooperative are joined up, the Dos Pinos brand will be produced, manufactured and sold in Panama.

According to"The cost of the investment by COOPRALAC was $2 million; 51% of the shares belong to Dos Pinos and 49% to COOLECHE."

New international milk processing company formed

July 2008

The dairy cooperatives Dos Pinos de Costa Rica and COOLECHE of Panama have joined forces to create COOPROLAP, which will sell the product in Panama.

The cooperatives, which expect to have half of the market for milk in Panama, will sell milk under their separate brand names, Dos Pinos and COOLECHE.

 close (x)

Receive more news about Agroindustry

Suscribe FOR FREE to CentralAmericaDATA EXPRESS.
The most important news of Central America, every day.

Type in your e-mail address:

* Al suscribirse, estará aceptando los terminos y condiciones

Gluten-free food business for sale

Operating Company dedicated to the manufacture of gluten-free and sugar-free products, OHNE brand.
The OHNE brand has 8 product lines: square bread, sweet...

Stock Indexes

(Apr 6)
Dow Jones
S&P 500


(May 27)
Brent Crude Oil
Coffee "C"