49297
Nestrade S.A.
Dec 2, 2024
Switzerland
Europe
Oct 17, 2024
B - Limited
Active
Dec 2, 2024
Global Trade & Supply Chain
Agribusiness and Forestry
Approved : Sep 21, 2010
Signed : Nov 6, 2024
Invested : Nov 20, 2024
Coffee, Cocoa, Tea
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) and an additional increase approved on December 15, 2022. 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 would purchase, at a discount, US$ denominated Principal Approved Payables/invoices owed by Nestrade S.A. (“Nestrade” or “the Company) to its suppliers in several emerging markets via CRX Markets AG (“CRX”), a leading global supply chain finance platform (the “Project”).
Currently, there is no Advisory Services engagement.
For Inquiries About the Project, Contact
For Inquiries and Comments About IFC, Contact
Local Access of Project Documentation
Nestrade S.A.
Rue d'Entre-deux-Villes 10
1814 La Tour-de-Peilz, Switzerland