Corporación Favorita funds expansion plans

Corporación Favorita funds expansion plans

Loans Debt Ecuador Andean US

Corporación Favorita, the largest supermarket chain in Ecuador, received $236 million in financing, led by IDB Invest, to buy more products in Ecuador and Panama, open new locations and generate renewable electricity, among other measures. IDB Invest provided $230 million in financing, while the Canadian Climate Fund for the Private Sector in the Americas (C2F) contributed $5.5 million in uncommitted mixed financing, IDB Invest said in a press release. IDB Invest added that the financing will pr

Already have an account?

Free trial

Take a free two-week trial now for the latest news, data and market analysis.

Free Trial