Radar > 238819

Cofides to finance entry of Grupo Alsina in the Philippines, Indonesia, and Thailand

Cofides financia la entrada del Grupo Alsina en Filipinas, Indonesia y Tailandia

Intel ID : 238819
Synopsis

Cofides, a Spain-based state-owned mercantile company, financed the entry into the Philippines, Indonesia, and Thailand of Spain-based Grupo Alsina, a formwork manufacturer, reported Cofides on 19 July 2016.

Cofides provided a co-investment loan of EUR 2m, to be covered with its own resources, to finance investments in formwork material for the subsidiary of Grupo Alsina, based in the Philippines. The total investment in the projects, along with the contribution from the developer, is EUR 4m.
(content in spanish)

Cofides, sociedad mercantil estatal española, ha financiando el desembarco a Filipinas, Indonesia y Tailandia del español Grupo Alsina, especializado en encofrados, según ha reportado Cofides el 19 de julio de 2016.

Cofides ha facilitado un préstamo de coinversión de EUR 2m con cargo a sus recursos propios para financiar las inversiones en material de encofrado para la filial del Grupo Alsina, cuya sede en la zona está en Filipinas. La inversión total del proyecto, junto con la aportación del promotor, es de EUR 4m.

Relevant Documents

Bidder

Financing Bank


Intel ID 238819
Value EUR 2,00m (Approx.)
Native Currency Euro (EUR)
Date
Country
Region
Continent
Geography
Subsector (Old TTR Sectors)
Type
Intel Grade
Source
Tags

Bidder

Name
verified
Subsector (Old TTR Sectors)
Real Estate and Construction / Construction (Materials and Machinery) (Primary)
Primary Sector (TTRSC)
35.07.04 Construction Machinery & Equipment
35 Industrials / 35.07 Manufacturing

Country
Website
Description

Financing Bank

Name
verified
Subsector (Old TTR Sectors)
Services and Distribution / Financial and Insurance (Primary)
Primary Sector (TTRSC)
25.01.04 Consumer Finance
25 Financial Services / 25.01 Banking & Investment

Country
Website
Description

Radar

Date Title Type Intel Grade Country Subsector  

Legend:

verified Verified: Confirmed as a party to an active or possible transaction.

potential Potential: Unconfirmed as a party to an active or possible transaction.

retained Retained: Confirmed as “Retained” with a general or specific mandate.

prospect Prospect: Advisory “Prospect” in discussions with or pitching services to possible client.

Transactional data is continuously updated by the research team and therefore is subject to change.