📋 Tender Overview
COMPANY NAME
Hadco Limited and Hadco Holdings Limited
PROJECT NUMBER
15493-01
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.
E&S CATEGORY tooltip
B
COUNTRY
Trinidad and Tobago
SECTOR
Manufacturing
STATUS
Proposed
DISCLOSED DATE
08/08/2025
Projected date at which a project will be put forward for the Board of Executive Directors’ approval.
PROJECTED BOARD DATE tooltip
09/26/2025
APPROVAL DATE
N/A
SIGNED DATE
N/A
SPONSORING ENTITY
N/A
INVESTMENT OPERATIONS DEPARTMENT CONTACT
Corporates Division
INVESTMENT TYPE
Loan
SYNDICATED AMOUNT
N/A
FINANCING AMOUNT
USD $ 10,000,000
CURRENCY
USD
Project scope and objective
Hadco Holdings Limited, a diversified Caribbean conglomerate incorporated in Trinidad & Tobago, and its wholly owned subsidiary Hadco Limited, operate across various sectors including retail, distribution, food and beverage, electrical and lighting, logistics, and services. The Companies are seeking financing structured as follows: (i) a committed tranche to support imports and the purchase of goods primarily within the Food & Beverage and Electrical & Lighting segments of the Distribution Division; and (ii) an uncommitted tranche to finance future capital expenditures as well as additional imports and purchases of goods (together, the Project ).
The Project’s main objectives include (i) Climate Mitigation: the financing will support the importation of products that contribute to carbon emission reductions; (ii) Regional Integration: a portion of Hadco’s imports originate from intraregional trade partners within Latin America and the Caribbean, enhancing regional trade ties; (iii) Food Security: Hadco imports essential food items—including rice, meat, milk, and pasta—which play a key role in ensuring food availability in the region, and (iv) Sustainability: the Project will help strengthen Hadco’s environmental and social standards, as well as enhance the company’s overall sustainability strategy.