As stated on the project disclosure, the proposed financing to Molinos Agro S.A. consists of: (i) a senior loan for up to US$50 million ("A Loan"), and (ii) a senior loan for up to US$200 million ("B Loan"); with a revolving capital structure every 210 days, designed to ensure its short and medium-term liquidity, and financing its working capital program. The purpose of the transaction will be to pre-finance exports of products and commodities sold by the Company. The development objectives of the financing include: (i) increasing value-added production in the agricultural sector and (ii) promoting exports and purchases from the domestic supply chain.
As stated by the IDB Invest, Molinos Agro S.A., a company listed on the Buenos Aires Stock Exchange since 2017, which was born in July 2016 as a result of the corporate reorganization that occurred in Molinos Rio de la Plata S.A. (founded in 1902). Until then, he represented the Bulk Division within the general structure of Molinos Rio de la Plata S.A. It has two main activities: (i) industrialization and marketing of grains and by-products derived from soybeans and (ii) and marketing of cereals.
|Private Actor 1||Private Actor 1 Role||Private Actor 1 Sector||Relation||Private Actor 2||Private Actor 2 Role||Private Actor 2 Sector|
|-||-||-||-||Molinos Agro SA||Client||Agriculture and Forestry|
IDB Invest Team Leaders:
Carina Mabel Pasut
No contacts available at the time of disclosure.
Client - Molinos Agro SA:
Joaquín Trusso - Director Financiero
Address: Uruguay 4075, Victoria, B1644HKG Buenos Aires, Argentina
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).