Salala Rubber Corporation (SRC) #36754

Created at
2014-04-28
Last update
2023-07-05

Involvements (3)

Name
SOCFINAF S.A.
Country of registration/origin
Luxembourg
Classification
Stock-exchange listed company

Relationship
Parent company
Parent relation
Subsidiary of parent company
Investment type
Shares/Equity
Ownership share
65 %
Name
Liberian Agriculture Company (LAC)
Country of registration/origin
Liberia
Classification
Private company

Relationship
Parent company
Investment type
Shares/Equity
Ownership share
35 %
Comment
LAC is owned by co-owner SOCFINAF
Name
International Finance Corporation (IFC)
Country of registration/origin
United States of America
Classification
Multilateral Development Bank (MDB)

Relationship
Tertiary investor/lender
Investment type
Debt financing
Loan amount
10 000 000
Loan date
2008-07-21
Comment
IFC provided a $10 million A Loan to SRC, to finance SRC’s plans to rehabilitate, expand, and optimize its plantations, which had been neglected during several years of civil war in Liberia.

Deals (Involvements as Operating company) (1)

ID
Target country
Liberia
Intention of investment
Non-food agricultural commodities
Current negotiation status
Concluded (Contract signed)
Current implementation status
In operation (production)
Deal size
8 000 ha