According to the Bank’s website, the financing facility proposed for CMI Alimentos, one of the major food groups in Central America, consists in a long-term syndicated senior loan to the Borrowers of up to US$250 million, to be funded as follows: (i) US$50 million by IDB Invest and (ii) the rest by other commercial banks and/or IFDs mobilized by IDB Invest (the “Financing”). The transaction is expected to contribute to food safety in Central America by (i) supporting a larger and more efficient production of food in the region; (ii) strengthening the market relations with the regional supply chain; and (iii) supporting income generation for workers and microbusinesses in the Company’s distribution chain, especially women and mainly in the areas with higher levels of poverty and undernutrition.
|Private Actor 1||Private Actor 1 Role||Private Actor 1 Sector||Relation||Private Actor 2||Private Actor 2 Role||Private Actor 2 Sector|
|-||-||-||-||CMI Alimentos Global S.L.||Client||-|
CONTACT NAME: Andres Molina
POSITION: Tesorero Corporativo
PHONE NUMBER: +502 2377-0200
IDB Invest Contact
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).