Basic information
Company name
Rassini Automotriz, S.A. de C.V.
E&S category
C
Disclosed date
Projected board date
Team Leader
Martha Fernández
Financial Summary
Financing Requested
Up to US$25 million
Client
information
Luis Eduardo Díaz
Treasury Manager
(+52) 55 - 5229 5863
lediaz@rassini.com
PROJECT
SCOPE
AND
OBJECTIVE
Rassini Automotriz, S.A. de C.V. (“Rassini” or “the Company”) has asked IDB Invest for financial assistance (the “Project”) in establishing an uncommitted revolving credit line (the “line”) to finance Rassini’s suppliers through acquisition of collection rights. The transaction includes accounts receivable whose payment will be deferred because of the exceptional measures taken by the Company to mitigate the impact of COVID-19 on its suppliers.
