DEG proposes $40m financing for Salvadoran sugar producer CASSA

DEG CASSA

DEG, the investment arm of German state-owned development bank KfW, is proposing a $40 million financing package for Salvadoran sugar producer Compañía Azucarera Salvadoreña S.A. de C.V., according to project documents seen by DevFiNews. The proposed investment will fund efficiency upgrades and refinance short-term debt, as development lenders continue to back sustainable agribusiness projects in … Read more