Creating Low-Code Loan Applications using the Trisotech Mortgage Feature Set
Cecapaz 500ton 08-12-2009_english
1. Financing Proposal for the Construction and Start-up of a Cement Production Plant in La Paz, Cesar, Colombia August 2009
2. The objective of the present document is to determine the terms and conditions for the financing of the construction and start-up of a cement plant in La Paz, Cesar, Colombia. Objective
21. Project Scheme Project Finance based on the project's ability to generate cash flows to meet its financial obligations with appropriate coverage ratios. Cementos y Calizas de La Paz EQUITY DEBT Sources Fiduciary Agent Company’s Cash Flows The company is proposing the previous scheme to be the warranty of the debt. The company’s cash flows enter a fiduciary agent who will be in charge of paying first the debt service and the remaining cash will go to the company.
22. Indicative Term Sheet Debtor Cementos y Calizas de La Paz S.A. Arranger Sumatoria S.A. Credit Amount USD 10,500,000. Term Six Years – 2 year grace period. Disbursement Date August 2010. Amortization Semiannual. Prepay Without Penalty. Interest Rate 6M Libor + 4%. Interest Payment Half Expired. Interest Capitalization None Resource Uses Equipment Purchase. Principal Covenants Debt coverage ratios.
