📋 Tender Overview
Project Number
49596
Company Name
Patrimonio Separado 35 BCI Securitizadora S.A.
Date SPI Disclosed
Feb 24, 2025
Country
Chile
Region
Latin America and the Caribbean
Projected Board Date
Mar 31, 2025
Environmental Category
B
Status
Pending Approval
Last Updated Date
Department
Regional Industry MAS LAC & EUR
Industry
other
Sector
other
Project Description
Copeval is Chile's largest agricultural input distributor reaching 50,000 farmers through its 24 stores and 3 distribution centers strategically spread across the country's agricultural regions. Copeval provides agricultural inputs such as crop protection products, fertilizers, seeds, machinery, irrigation equipment, fuel, and animal feed for the fruit, grain, cattle, and dairy sectors. It also provides intermediation services, logistic services, technical assistance, and training for farmers.
IFC will be supporting Copeval's permanent working capital needs that are essential to finance the pre-harvest inputs and services to its network of farmers. IFC will subscribe securitized senior notes in CLP equivalent to up to US$25 million that will be structured through a securitization of Copeval's farmers receivables.
Associated Advisory Engagement
IFC will provide Gender Advisory Services, which shall include a Corporate Gender & Inclusion Assessment of the Copeval’s workforce and operations. The goal is to identify strengths and opportunities, laying the foundation for an Action Plan with targeted strategies to enhance a culture of inclusion, employee engagement, and productivity.
