Delphos Arranges OPIC Financing for Brazilian Retailer
Delphos International served as financial advisor to St. Marche Supermercados on the recent commitment of a $19.8 million senior debt facility from the Overseas Privates Investment Corporation (“OPIC”). The facility will support the Company’s expansion of neighborhood supermarkets thoughout São Paulo, Brazil. Currently, the Company has 12 St. Marche-branded locations across São Paulo state; the loan will allow the Company to approximately double its presence. The OPIC commitment was the agency’s second largest to Brazil in the last 12 years. Delphos International is collaborating on the advisory work with Brazil-based PTX lending.