43081
MONTE ROSA SA
Nov 13, 2020
Nicaragua
Latin America and the Caribbean
Dec 16, 2020
B - Limited
Active
Jul 17, 2021
Regional Industry MAS LAC & EUR
Agribusiness and Forestry
Approved : Dec 17, 2020
Signed : Apr 9, 2021
Invested : Jul 13, 2021
Sugarcane and Beets
Grupo Monte Rosa S.A. (“Monte Rosa” or the “Company”), a wholly owned subsidiary of Pantaleon Sugar Holdings Company Ltd. (“PSH”), is a sugar and energy producer located in Nicaragua’s Pacific Northwest, with capacity to process 16,000 tons of sugar cane per day.
The proposed financing consists of a US$15 million revolving credit facility renewable yearly for up to 4 years and a US$10 million long-term A-Loan for Monte Rosa. The proceeds of the short-term revolving credit facility will support the Company’s working capital needs, while the long-term investment will fund the purchase of machinery (tractors, seeding and harvesting equipment) to assist Monte Rosa on enhancing the efficiency of its operations.
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Local Access of Project Documentation
Km 148.5 Carretera Potosi, EL viejo, Nicaragua