📋 Tender Overview
COMPANY NAME
Mayabel SA
PROJECT NUMBER
15383-01
Category B projects have potential environmental and/or social impacts and risks that are less adverse than those of a Category A and which are generally limited to the project site, largely reversible and can be mitigated via measures that are readily available and feasible to implement in the context of the operation.
E&S CATEGORY tooltip
B
COUNTRY
Uruguay
SECTOR
Manufacturing
STATUS
Proposed
DISCLOSED DATE
08/19/2025
Projected date at which a project will be put forward for the Board of Executive Directors’ approval.
PROJECTED BOARD DATE tooltip
09/23/2025
APPROVAL DATE
N/A
SIGNED DATE
N/A
SPONSORING ENTITY
RAS Group
INVESTMENT OPERATIONS DEPARTMENT CONTACT
Corporates Division
INVESTMENT TYPE
Loan
SYNDICATED AMOUNT
N/A
FINANCING AMOUNT
USD $ 30,000,000
CURRENCY
USD
Project scope and objective
Mayabel S.A., a subsidiary of Grupo RAS ( the Group ), is a vertically integrated transportation and logistics conglomerate headquartered in Uruguay, with operations throughout Latin America and over 30 years of experience. The financing proposal includes a secured senior loan of up to US$30 million to support the expansion of its flagship logistics hub, Parque Industrial Ruta 5 (PIR5), strategically located 32 kilometers from Montevideo. Covering an area of 105 hectares and offering significant growth potential, PIR5 is one of the largest and most advanced logistics hubs in the Montevideo metropolitan area. These investments will facilitate international trade and enhance logistics services, fostering more resilient and efficient logistics networks.
The project also includes a refinancing component to replace existing debt with more favorable terms offered by IDB Invest, improving the capital structure and strengthening the Group’s long-term financial stability