MCS Spring (EBRD-50226)

Countries
  • Mongolia
Where the impacts of the investment may be experienced.
Financial Institutions
  • European Bank for Reconstruction and Development (EBRD)
International, regional and national development finance institutions. Many of these banks have a public interest mission, such as poverty reduction.
Project Status
Approved
Bank Risk Rating
B
Risk rating varies among banks and may refer only to the particular investment and not to the risk for the project as a whole. Projects marked 'U' have an 'Unknown' risk rating at the time of disclosure.
Voting Date
Sep 19, 2018
The estimate day the bank will vote on a proposed investment. The decision dates may change, so review updated project documents or contact the EWS team.
Borrower
MCS COCA-COLA LLC
The holder of the loan, grant, or other investment.
Sectors
  • Construction
  • Water and Sanitation
The service or industry focus of the investment. A project can have several sectors.
Investment Type(s)
Loan
The categories of the bank investment: loan, grant, etc.
Investment Amount (USD)
$ 85.00 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please review updated project documents for more information.
Project Cost (USD)
$ 119.30 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please see updated project documentation for more information.
Other Related Projects
Primary Source

Original disclosure @ EBRD website

Updated in EWS Mar 8, 2019

Disclosed by Bank Aug 17, 2018


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Project Description

According to EBRD, the project will support i) construction of a new facility for production and bottling of natural mineral water in Mongolia, ii) expansion of logistical capabilities and improvement of efficiency for distribution of food and beverages to rural areas (by purchasing specialized long-distance delivery trucks and constructing warehouses around Mongolia), and iii) improvement in the capital structure by refinancing financial debt to extend its maturity.

Investment Description
  • European Bank for Reconstruction and Development (EBRD)
Private Actors
  • MCS Coca Cola -- Implementing Company
Contact Information

Company Contact
Enkhtuvshin Gombo
Enkhtuvshin.Go@mcs.mn
http://mcs.mn/eng
Sukhbaatar district 8, Central Tower, 15th floor, Ulaanbaatar 1420

EBRD project enquiries not related to procurement:
Tel: +44 20 7338 7168
Email: projectenquiries@ebrd.com

ACCOUNTABILITY MECHANISM OF EBRD

The Project Complaint Mechanism (PCM) is the independent complaint mechanism and fact-finding body for people who have been or are likely to be adversely affected by an European Bank for Reconstruction and Development (EBRD)-financed project. If you submit a complaint to the PCM, it may assess compliance with EBRD's own policies and procedures to prevent harm to the environment or communities or it may assist you in resolving the problem that led to the complaint through a dialogue with those implementing the project. Additionally, the PCM has the authority to recommend a project be suspended in the event that harm is imminent. You can contact the PCM at pcm@ebrd.com or you can submit a complaint online using an online form, http://www.ebrd.com/eform/pcm/complaint_form?language=en. You can learn more about the PCM and how to file a complaint at http://www.ebrd.com/work-with-us/project-finance/project-complaint-mechanism.html .