PROJECT

Projects

Summary of Investment Information

Project Number

34883

Company Name

BELAGRICOLA COMERCIO E REPRESENTACAO DE PRODUTOS AGRICOLAS LTDA

Date SPI Disclosed

Oct 20, 2015

Country

Brazil

Region

Latin America and the Caribbean

Projected Board Date

Nov 23, 2015

Environmental Category

B - Limited

Status

Completed

Last Updated Date

Nov 2, 2025

Department

Regional Industry - MAS LAC

Industry

Agribusiness and Forestry

Previous Events

Approved : Jan 22, 2016
Signed : Mar 30, 2016
Invested : Jul 13, 2016

Sector

Grains and Beans

Project Description

Belagricola Comercio e Representacoes de Produtos Agricolas Ltda (“Belagricola” or “the Company”) is a leading inputs provider and grains originator operating in the Parana state, north of Santa Catarina and south of the Sao Paulo state. The Company is undertaking an investment program aiming at (i) establishing a permanent working capital line to support its activities; (ii) financing maintenance capex; and (iii) extending the tenor of the Company’s existing short-term debt resulting in a more robust balance sheet. The IFC investment will be in the form of a C loan amounting up to US$35 million.

Sponsor / Cost / Location

Development Impact

E&S Category Rationale / Risks and Mitigation