PROJECT

Projects

Summary of Investment Information

Project Number

37676

Company Name

MILLEX INTERNATIONAL LIMITED

Date SPI Disclosed

Nov 13, 2015

Country

Belarus

Region

Europe

Projected Board Date

Dec 21, 2015

Environmental Category

B - Limited

Status

Completed

Last Updated Date

Jun 12, 2021

Department

Regional Industry MAS LAC & EUR

Industry

Tourism, Retail and Property

Previous Events

Approved : Jan 15, 2016
Signed : Feb 4, 2016
Invested : Feb 25, 2016

Sector

Retail (Including Supermarkets, Grocery Stores, etc.)

Project Description

Retail Trading Logistics Holdings (“RTL”, “Rubliovskiy” or the “Group”) is a corporate designation that refers to the group of companies with retail, distribution and logistics activities in Belarus. The Group is the leading wholesaler and one of the largest food retailer in Belarus. RTL includes supermarket chains operating under the banner “Rubliovskiy” in Belarus.

The proposed project is a corporate loan of US$10 million to RTL to finance its permanent working capital needs and refinance part of its existing bank debt.

Sponsor / Cost / Location

Development Impact

E&S Category Rationale / Risks and Mitigation