| Project Detail |
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 in Mexico City. Said CEDIS is strategically located with respect to the snack, cereal and peanut production plants, 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. |
