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"The transaction consists of a revolving and uncommitted multi-currency line of credit (US $ / MXN) for five years, up to US $ 16.2 million, under which IDB Invest will extend financing to the Companies for terms of up to 180 days (“the Ease")
This transaction is aligned with the efforts to “accelerate” defined in IDB Invest's Response to COVID-19 (CII / GN-419), by supporting a major Mexican processed products company by maintaining the fluidity of transactions within its supply chain to accelerate your growth strategy.
Borrowers will use IDB Invest funds to finance the purchase of raw materials (peanuts, seeds, cereals, and others) from Eligible Suppliers. The structure includes the presentation of shipping documentation in order to ensure the correct use of funds."
For questions about the Project please contact Naturasol.
Name: Mario Alberto Esquivel
Title: Director of Administration and Finance
Phone number: +52 (55) 5562 6587
Email: mario.esquivel@mielmex.com
For questions and comments to IDB Invest, contact:
Name: IDB Invest Communication Group
Email: divulgacionpublica@IDBInvest.org
Additionally, affected communities can access the IIC's Independent Consultation and Investigation Mechanism (MICI) as follows:
Telephone number: +1 (202) 623-3952
Fax number: +1 (202) 312-4057
Address: 1300 New York Ave. NW Washington, DC. USES. 20577
Email: mechanism@iadb.org or MICI@iadb.org