PROJECT

Projects

Summary of Proposed Investment

Project Number

24379

Company Name

ARCOR S.A.I.C.

Date SPI Disclosed

Sep 9, 2005

Country

Argentina

Industry

Agribusiness and Forestry

Projected Board Date

Oct 13, 2005

Status

Completed

Sector

Other Food

Department

Gbl Ind, Manufact, Agribus & Services

Environmental Category

B - Limited

Previous Events

Approved : Oct 18, 2005
Signed : Dec 8, 2005
Invested : Dec 15, 2005

Project Description

Arcor S.A.I.C. (Arcor or the company) is one of the leading producers and distributors of candies, chocolates and cookies in South America. The project entails providing a corporate loan to Arcor to lengthen the maturities of its debt and to finance its capital expenditures program.

Sponsor / Cost / Location

Development Impact