The proposed transaction consists of an uncommitted reverse factoring revolving credit facility. The Facility will have an initial term of 12 months, renewable annually at the discretion of IDB Invest for amounts to be determined by the use of the credit facility. This Facility will be granted to Iochpe Sistemas Automotivos de Mexico, S.A. de C.V. to directly finance (i.e. acquire and deduct) creditor rights payable by Iochpe Mexico and/or its subsidiaries, prior confirmation by them, through an eligible electronic platform.
he investment type was not available at the moment of the snapshot.
|Private Actor 1||Private Actor 1 Role||Private Actor 1 Sector||Relation||Private Actor 2||Private Actor 2 Role||Private Actor 2 Sector|
|-||-||-||-||Iochpe Sistemas Automotivos de México, S.A. de C.V.||Client||Industry and Trade|
ADDRESS: 1350 New York Ave NW, Washington, DC 20005
ACCESS TO INFORMATION
You can submit a request for information disclosure at: https://www.iadb.org/en/access-information/information-request
ACCOUNTABILITY MECHANISM OF IDB / IDB INVEST
The Independent Consultation and Investigation Mechanism (MICI) is the independent complaint mechanism and fact-finding body for people who have been or are likely to be adversely affected by an Inter-American Development Bank (IDB) or Inter-American Investment Corporation (IDB Invest)-funded project. If you submit a complaint to MICI, they may assist you in addressing the problems you raised through a dispute-resolution process with those implementing the project and/or through an investigation to assess whether the IDB or IDB Invest is following its own policies for preventing or mitigating harm to people or the environment. You can submit a complaint by sending an email to MICI@iadb.org. You can learn more about the MICI and how to file a complaint at http://www.iadb.org/en/mici/mici,1752.html (in English) or http://www.iadb.org/es/mici/mici,1752.html (Spanish).