Apparel, Garment Textiles & Fashion Clothing

Epyllion Group ("Epyllion" or the "Group" or "EG"), an existing IFC Advisory Services client and one of Bangladesh`s top tier integrated knitted apparels manufacturers and exporters, has approached IFC to finance the expansion of its Ready Made Garments ("RMG") cutting and sewing operations (the "Project") to be undertaken by a Group company, Epyllion Knitwears Limited ("EKWL", or the "Company" or the "Borrower"). The Project involves setting up a new factory in Narayanganj, which will comprise 50 sewing lines, washing facilities, and embellishment capabilities. The proposed Project will increase Epyllion`s cutting and sewing capacity by 18 million pieces per year from current capacity of 25 million to post project capacity of 43 million pieces per year, which will be fully exported to major global retailers.

Bangladesh