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.
Projected date at which a project will be put forward for the Board of Executive Directors’ approval.
Projected board date
Agrícola Ariztía Ltda.
de Paiva Ferraz, Joao Victor
USD $ 50,000,000
Project scope and objective
The proposed financing consists of a Long-term Senior Loan to Empresas Ariztía, for up to US$20 million and a maximum term of 10 years, for the company's investment program for the years 2021 and 2022, aimed at increasing production, implementing new technologies and efficiencies, improvements in terms of animal welfare, as well as their maintenance investments. Additionally, a second loan, which consists of a committed revolving line to finance working capital for up to US$30 million, with an availability period of 65 months, disbursements within 390 days, and intended to finance working capital related to the line bird genetics.
Empresas Ariztía is one of the main poultry producers in Chile, with national and export sales, and value-added products in chickens, turkeys and cured meats. The company is vertically integrated in the production chain, from the production of the feed, through the incubation, fattening and processing of poultry meat, to the distribution and sale of the final product. In addition to poultry products, it also sells eggs, mushrooms, cheeses, butter, vegetables and other meats.
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Alternatively, you may also use the following contact information:
Manuel Ariztía F.
Gerente de Administración y Finanzas
+56 2 637 8000
IDB Invest Contact
1350 New York Ave NW, Washington, DC 20005