| Project Detail |
The transaction consists of guaranteed long-term financing for Elcatex, S. de R.L. (henceforth, “ELCATEX”, “the Company” or “the Client”), a leading textile industry company in Honduras. The objectives of the Project are: (i) to support economic growth and export diversification; (ii) construction and fit out of a new textile plant (San Juan Textiles Project) located in San Juan Innovation Park, an Export Processing Zone (“EPZ”) in Choloma; (iii) purchase of sewing equipment; and (iv) to finance capital investment, working capital and liability restructuring to increase ELCATEX’s production capacity. |
