NATURASOL, S.A. DE C.V.
Category B projects have potential environmental and/or social impacts and risks that are less adverse than those of a Category A and which are generally limited to the project site, largely reversible and can be mitigated via measures that are readily available and feasible to implement in the context of the operation.
Projected date at which a project will be put forward for the Board of Executive Directors’ approval.
Projected board date
Naturasol and Mielmex S.A. de C.V.
Narvaez, Carlos Eduardo
USD $ 14,982,900
Project scope and objective
The transaction consists of a Senior secured loan for up to Mex$300 million for a term of 8 years (including a grace period of 2 years), to finance the acquisition of land and subsequent construction of a distribution center (“CEDIS”) in Mexico City. The CEDIS is strategically located with respect to the snack, cereal and peanut production facility, as well as the honey plant. The Project will allow the consolidation of the logistics operations of the finished product, achieving operational improvements for the company. In addition, it will allow a higher rate of growth of the installed productive capacity towards spaces that are currently occupied by inventories to be relocated to the new distribution center.
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Gerente de Gestión Comercial y Mejora Continua
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