PROJECT

Projects

Summary of Investment Information

Project Number

37802

Company Name

Latin American Agribusiness Development Corporation

Date SPI Disclosed

Jun 9, 2016

Country

Latin America and the Caribbean Region

Region

Latin America and the Caribbean

Projected Board Date

Jul 15, 2016

Environmental Category

FI-2 - Limited

Status

Completed

Last Updated Date

Aug 20, 2023

Department

Gbl Ind, Manufact, Agribus & Services

Industry

Financial Markets

Previous Events

Approved : Aug 5, 2016
Signed : Dec 16, 2016
Invested : Jan 11, 2017

Sector

Development Finance Company

Project Description

Proposed investment consists of long-term loan to Latin American Agribusiness Development Corporation S.A. (“LAAD” or “the Company”) and its fully owned subsidiary LAAD Americas N.V. to support growth of its portfolio of medium and long-term loans to agribusiness SMEs in Latin America and the Caribbean (“LAC”).

Associated Advisory Engagement

N/A

Sponsor / Cost / Location

Development Impact

E&S Category Rationale / Risks and Mitigation