BLP advised IDB Invest on a $70 million loan to Pantaleon S.A. in Guatemala

BLP has advised IDB Invest on its senior loan for up to US$70 million to Pantaleon S.A., to finance: (i) its industrial and agricultural fixed investment plans, including the implementation of green projects; and (ii) it is working capital needs, including advance payments to sugarcane producers. The main development objectives of the loan from IDB Invest include: (i) improving agricultural productivity, improving yields and costs; (ii) support sustainable operations through the implementation of climate-smart investments/practices; (iii) strengthen the Pantaleon’s value chain, supporting small and medium sugarcane producers; and (iv) promote the use of technology and innovation.

Our team in this transaction:

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Carolina Saadeh Guatemala Senior Associate [email protected]

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María Inés Arenales
Guatemala
Partner
[email protected]

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Pablo Umaña
Costa Rica
Partner
[email protected]

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Gustavo Gamboa
Guatemala
Associate
[email protected]