Societe Industrielle Agroalimentaire S.A.("SIAGRO")

SOCIETE INDUSTRIELLE AGRO ALIMENTAIRE S.A. 3

Industry
Agri/Soft Commodities/Agribusiness
Area of finance
Development Bank Finance
Region
Africa
Countries
Senegal

Deal Overview

  The proposed loan of up to €8.3 million (the IFC Loan) to SIAGRO S.A. (the “Company”, the “Borrower” or “Kirene”), a still and carbonated soft drinks (CSD) processing company, is to support the Borrower’s investment program and includes: (i)...

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  The proposed loan of up to €8.3 million (the IFC Loan) to SIAGRO S.A. (the “Company”, the “Borrower” or “Kirene”), a still and carbonated soft drinks (CSD) processing company, is to support the Borrower’s investment program and includes: (i) expanding production capacity; (ii) Green building standards and certification, and (iv) working capital requirements.

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Deal Volume
$7.25m
Financial Close
10 March 2023
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