The Colombian brewer Bavaria has received the final installment of its US$318m financing package from the World Bank. The loan was made by the bank’s private investment arm to finance expansion and modernization of the company’s operations, particularly through acquisitions and the upgrading of existing plants.
COLOMBIA: Bavaria receives final payment of $318m loan
The Colombian brewer Bavaria has received the final installment of its US$318m financing package from the World Bank. The loan was made by the bank's private investment arm to finance expansion and modernization of the company's operations, particularly through acquisitions and the upgrading of existing plants.