Neighborhood Supermarkets in Brazil
Delphos 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 throughout 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 is collaborating on the advisory work with Brazil-based PTX lending.
Details
Category
- Retail
Client Name
St. Marche
Services Provided
- Capital Raising
Region
- Latin America & the Caribbean
Country
- Brazil
