44285
Under Armour, Inc.
Nov 25, 2020
World Region
Global
Nov 5, 2020
B - Limited
Active
Jan 15, 2021
Gbl Ind, Manufact, Agribus & Services
Manufacturing
Approved : Sep 21, 2010
Signed : Jan 4, 2021
Invested : Jan 28, 2021
Garment and Apparel (With Primary Textile Operations, Excluding Footwear)
This project is proposed under IFC’s Global Trade Supplier Finance program (“GTSF” or the “Program”) approved by the IFC Board on September 21, 2010 (Original Project #28723). Under GTSF, IFC provides short-term financing to suppliers (“Suppliers”) in emerging markets selling to large companies (“Buyers”) on open account terms. Under this project, IFC will provide financing to Under Armour Inc (“Under Armour” or “the Company”) for Suppliers based in Latin America & Caribbean region and other emerging market countries.
Currently, there is no Advisory Services engagement. GTSF Advisory in coordination with IFC E&S specialist and Under Armour intend to develop the sustainability-linked pricing grids once COVID impacts pass.
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For Inquiries and Comments About IFC, Contact
Local Access of Project Documentation
Under Armour, Inc. 1020 Hull Street Baltimore, MD 21230-2080