| Project Detail |
Türkiye
Project number:
55393
Business sector:
Agribusiness
Notice type:
Private
Approval date:
11 Sep 2024
Status:
Exploratory
English-language PSD published:
07 Aug 2024
Project Description
The facility will consist of a loan to A101 in the amount of up to USD 200 million (EUR 184.4 million equivalent) to be split into two tranches of USD 100 million each, of which the first one would be committed at the signing. The loan will comprise an "A Loan" of up to USD 100 million (EUR 92.2 million equivalent) for the Banks own account, and a "B Loan" of up to USD 100 million (EUR 92.2 million equivalent) for the account of participants in case mobilization is successful.
Project Objectives
The operation will enable A101 to implement a medium term capex programme including (i) new store and warehouse openings across the country, (ii) refurbishment of existing stores, and (iii) installation of solar panels for internal consumption up to 30MW (the "Project"). |
