Project Notice
|
| PNR |
43219 |
| Project Name |
Acquisition of collection rights (the “Project” or the “Operation”). |
| Project Detail |
Grupo Gepp, S.A.P.I. de C.V. (“GEPP” or the “Company”) has requested financial assistance from IDB Invest to establish an uncommitted revolving credit line (the “Line”) to finance its suppliers through the acquisition of collection rights (the “Project” or the “Operation”). The Operation includes accounts receivable, the payment of which will be deferred due to the exceptional measures adopted by the Company to mitigate the impact of COVID-19 on its suppliers. |
| Funded By |
Inter-American Development Bank (IADB) |
| Sector |
Oil & Gas |
| Country |
Mexico , Northern America |
| Project Value |
MXN 1,000,000,000
|
