Basic information
Company name
Rassini Automotriz, S.A. de C.V.
E&S category
C
Disclosed date
Projected board date
Approval date
Signed date
Team Leader
Vera Fabbri, Pablo Marcelo
Financial Summary
Financing amount
$ 28,000,000
Financing Currency
USD
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.
