International Finance Corporation will grant a USD 70 million loan to Agunsa

International Finance Corporation will grant a USD 70 million loan to Agunsa

The International Finance Corporation (IFC), part of the World Bank Group, will grant the first loan linked to sustainability to a company in the logistics services sector in Chile, which will be for an amount of USD 70 million to Agencies Universal S.A. (Agunsa).

The financial operation is associated with the fulfillment of goals related to the reduction of water consumption and gender equality.

“We are proud to be the first in the Chilean logistics industry to close a loan linked to sustainability, with specific environmental and diversity commitments. This agreement is the result of permanent and transversal work throughout the organization, forming part of Agunsa’s business strategy. Linking this financing to sustainable objectives adds value and reinforces our commitment in the areas where we operate”, he indicated. Fernando Rodríguez, general manager of Agunsa.

Felipe Valencia, Agunsa’s Finance Manager, stressed that “this project reinforces our performance based on financial soundness and an efficient business model, with credit lines with competitive conditions. The agreement allows us to advance in the delivery of high standard services, aligned with the best practices for financial instruments and with a trend that will be a requirement for the industry in the coming years”.

“This pioneering investment, with a long-term structure, aims to provide financial certainty to an actor that has consolidated its local position and its diversification and international expansion. In the process, it plans to contribute to further development of the logistics sector in Latin America and the Caribbean, an important engine of economic growth in the region,” the company said.

“In a context of economic slowdown and stricter financial conditions in Chile, this investment in AGUNSA, an actor committed to innovation and technology, seeks to increase productivity and competitiveness in the region through the promotion of trade and integration. economy,” he said. David Tinel, IFC regional manager for the Southern Cone, who also highlighted the firm’s sustainability strategy and its replicability in the sector in which it operates.

“Agunsa’s commitment contemplates the fulfillment of certain goals linked to the Sustainable Development Goals (SDG) of the United Nations. Specifically, in relation to SDG 6 (Clean water and sanitation) and SDG 12 (Responsible production and consumption), the company is encouraged to achieve a reduction in the consumption of fresh water at its facilities by 2025, while, with respect to SDG 5 (Gender Equality), the company is committed to continue advancing in gender equality and promoting the role of women in senior executive positions,” concluded the private company.

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