π Tender Overview
COMPANY NAME
OMARSA S.A.
PROJECT NUMBER
15457-01
E&S CATEGORY tooltip
B
COUNTRY
Ecuador
SECTOR
Agribusiness
STATUS
Proposed
DISCLOSED DATE
11/04/2025
Projected date at which a project will be put forward for the Board of Executive Directorsβ approval.
PROJECTED BOARD DATE tooltip
12/04/2025
APPROVAL DATE
N/A
SIGNED DATE
N/A
SPONSORING ENTITY
Operator and Processor of Marine Products OMARSA SA
INVESTMENT OPERATIONS DEPARTMENT CONTACT
Corporates Division
INVESTMENT TYPE
Loan
SYNDICATED AMOUNT
USD $ 15,000,000
FINANCING AMOUNT
USD $ 35,000,000
CURRENCY
USD
Project scope and objective
The proposed transaction with Operadora y Procesadora de Productos Marinos OMARSA S.A. ( Omarsa or the Company ), one of Ecuadorβs largest shrimp exporters, consists of a secured senior loan of up to US$50 million, with a term of up to 10 years and including a one-year grace period.
The funds will support the Companyβs investment plan in its shrimp operations, primarily in: (i) acquisition of equipment and infrastructure improvements at farms to increase productivity and sustainability; (ii) expansion of its packing plants and purchase of equipment; and (iii) upgrades to infrastructure and equipment in its laboratories.
The Project will contribute to: (i) increasing Ecuadorβs shrimp exports by Omarsa; (ii) improving farm productivity and sustainability through investments in equipment and infrastructure; and (iii) generating employment, among other positive impacts.