ACCESSING INTERNATIONAL FINANCING THROUGH THE IIC BSE/CSCE ENGINEERS S CONFERENCE Nassau, Bahamas. October 31, 2014

Transcription

1 ACCESSING INTERNATIONAL FINANCING THROUGH THE IIC BSE/CSCE ENGINEERS S CONFERENCE 2014 Nassau, Bahamas October 31, 2014

2 WHO IS THE IIC The only regional multilateral institution mandated by its 45 member countries to provide financing to private enterprises in Latin America and the Caribbean, particularly those that are small and medium in size The IIC is an autonomous member of the IDB Group In 2013, the IIC reached US$1.8 billion in assets and approved 71 operations channeling US$415.4 million to SMEs in the region. In 2014, Fitch Ratings affirmed IIC s AAA Rating. According to the rating agency, the rating primarily reflect the IIC's intrinsic strengths, which includes its strong capitalization, high liquidity, and good asset quality, as well as shareholder support. Additionally, the IIC benefits from its relationship with the Inter-American Development Bank (IADB)

3 REGIONAL PRESENCE Mexico and Central America Costa Rica Honduras Nicaragua El Salvador Andean Region Colombia Peru Southern Cone Region Argentina Chile Paraguay Uruguay

4 WHAT MAKES US DIFFERENT Financial solutions Environmental management and labor considerations Resource mobilization Business management know-how and good practice specialized technical advisory services

5 WHAT MAKES US DIFFERENT Technical assistance for SMEs focused on the following key areas: Pre-investment consulting services Technical assistance as part of the approval process for SMEs Post-investment technical assistance for IIC clients

6 WHAT WE OFFER COMPANIES Loans (short-, medium-, and long-term in U.S. dollars and in local currency in certain markets; subordinated loans; syndicated A/B loans) Partial credit guarantees for loans and debt securities; equity and quasi-equity investments Financing through supply chains Tailored technical advice for improving financial, environmental, and business management Small business loans in certain markets, including Bahamas

7 WHAT WE FINANCE Companies that are profitable have audited financial statements have growth potential meet domestic labor and environmental regulations Projects that are financially viable and profitable environmentally sustainable Private and PPP s

8 FINANCING PROVIDED BY THE IIC IS flexible in structure, terms, and payment conditions creative with new solutions for new needs efficient in the analysis, approval, and disbursement process

9 THE INFORMATION WE NEED Company data: shareholders, address, line of business Financing requested: amount and tenor Purpose of the loan Financial track record: last 3 years of financial statements Market information: key suppliers, customers and competitors

10

11

12 PROJECTS IN THE CARIBBEAN

13 IIC projects in Jamaica JAMAICA BROILERS GOLDEN GROVE SUGAR JAMAICA TEAS US$7,0 million Livestock & Poultry Its main activities are poultry operations; feedstock and farm supplies; and ethanol processing US$4,0 million Agriculture and agribusiness Sugar cane growth as well as processing of raw sugar and molasses US$500,000 under the SBRL Food, Bottling & Beverages To enable the largest tea producer and exporter in Jamaica to increase its efficiency and boost its exports in the Caribbean region.

14 IIC projects in Trinidad and Tobago RBTT FINANCIAL HOLDING DEVELOPMENT FINANCE LTD (DFL) US$40,000,000 Financial services Capital asset and working capital financing for Caribbean SMEs US$2,500,000 Financial services To finance export-oriented projects

15 Projects in Bahamas Bahamas Neurological Center US$125,000 Subordinated Loan under the Finpyme Credit Medical Services To purchase neurological equipment.

16 Projects in Bahamas Southern Air Charter Company Limited US$2,1 million to support the development of the Bahamian Aviation Sector Loan to partially finance the growth of its fleet in order to increase its operations and to meet the growing demand for flights. Project will result in increased flight availability among the islands of the archipelago.

17 Renewable Energy Generation Projects Blue Power Energy Nicaragua US$50,000,000 Total cost: US$115,000,000 Wind power project 22 wind turbines with a capacity of 1,8 MW Total power generation capacity of 39,6 MW per year. Energía Pacífico Chile US$6,800,000 Total cost: US$36,000,000 15,6 MW biomass cogeneration plant

18 Infrastructure financing Coriport Costa Rica US$7,950,000 Total cost: US$43,500,000 Financing to build a new passenger terminal Daniel Oduber Quirós international airport, the second largest international airport in Costa Rica Airplan Colombia US$10,000,000 Total cost: US$155,000,000 Operations, business affairs, upgrading, and maintenance of six airports in northwestern Colombia Terminal Zárate Argentina US$7,0000,000 Total cost: US$24,000,000 Expanding the pier and the container yard. Belcogen Belice US$6,000,000 Total cost: US$53,5000,000 The first commercialscale cogeneration project in Belize Generating energy from sugarcane fiber (bagasse)

19 Tourism financing Costa Rica Nicaragua Argentina Paraguay PLAYA CONCHAL RESORT US$8,000,000 HOTEL HOLIDAY INN US$5,100,000 TERMAS DE LAHUÉN US$750,000 EMHOSA Hotel Sheraton Asunción US$1,500,000

20 Tourism financing Peru Uruguay Bolivia INVERSIONES MALECON DE LA RESERVA US$6,500,000 TIRLEY US$900,000 RIO SELVA RESORT US$600,000

21 Tourism financing Mexico GRAN MUSEO MAYA DEL MUNDO MAYA EN MERIDA US$7,300,000 Loan to co-finance and outfit the museum and to design and mount the exhibits. The proceeds will also be used for the museum s upkeep, security, and operation. Once completed, the museum s indoor space will measure 22,400 m², equivalent to two soccer fields.

22 CONTACT RODRIGO NAVAS LEAD INVESTMENT OFFICER Tel: + (202) rodrigon@iadb.org