[{"data":1,"prerenderedAt":-1},["ShallowReactive",2],{"doc-detail-112408-en":3,"doc-seo-112408-105":28,"detail-sidebar-cat-0-en-105":88},{"code":4,"msg":5,"data":6},0,"success",{"doc_id":7,"user_id":8,"nickname":9,"user_avatar":10,"doc_module":4,"category_id":11,"category_name":12,"doc_title":13,"doc_description":14,"doc_content":15,"file_id":16,"file_url":17,"file_type":18,"file_size":19,"view_count":4,"is_deleted":4,"is_public":20,"is_downloadable":20,"audit_status":20,"page_count":20,"language":21,"language_code":22,"site_id":23,"html_lang":22,"table_of_contents":24,"faqs":25,"seo_title":13,"seo_description":14,"update_tm":26,"read_time":27},112408,4398048950312,"Violet","https://ap-avatar.wpscdn.com/avatar/400002538284de19e3c?_k=1778320343897328908",8,"Research & Report","Morocco Investment - Pickalbatros MAR Project Approval on Absence-of-Objection Basis (June 26, 2026)","Board approval issued on an absence-of-objection basis on Friday, June 26, 2026 for a Morocco investment covering Pickalbatros Morocco for Tourism and Investment, Palmassets, Albatros Menara for Tourism and Investment, and Palais Des Roses under the Pickalbatros MAR Project. The financing is structured as a senior secured sustainability-linked loan to the co-borrowers for an aggregate amount up to US$230 million, including an A Loan up to US$165 million and B Loans up to US$65 million with IFC as lender of record. Lailee Jane Moghtader requested to be recorded as objecting.","Public Disclosure Authorized Public Disclosure Authorized  \nThe following item has been approved on an Absence-of-Objection Basis  \non Friday, June 26, 2026  \nMorocco  \nInvestment in  \nPickalbatros Morocco for Tourism and Investment, Palmassets, Albatros Menara for Tourism and Investment and Palais Des Roses for the Pickalbatros MAR Project  \nThe Board of Directors approved on June 26, 2026 an investment in Morocco – Pickalbatros Morocco for Tourism and Investment, Palmassets, Albatros Menara for Tourism and Investment and Palais Des Roses for the Pickalbatros MAR Project (IFC/R2026-0222, dated June 15, 2026) consisting of a senior secured sustainability-linked to the Co-Borrowers (Pickalbatros Morocco for Tourism and Investment, Albatros Menara for Tourism and Development, Palmasset and Palais des Roses International Palace) loan for an aggregate amount of up US$230 million comprising i) an A Loan of up to US$165 million and ii) up to US$65 million through B Loans for which IFC will be the lender of record. Lailee Jane Moghtader wished to be recorded as objecting.","cbCaiuwH4xPqIiEG","https://ap.wps.com/l/cbCaiuwH4xPqIiEG","pdf",104134,1,"English","en",105,"# Approval summary\n## Decision date and approving body\n## Project scope and co-borrowers\n## Financing structure and amounts\n## Objection record","[{\"question\":\"When was the Morocco investment approved on an absence-of-objection basis?\",\"answer\":\"The approval was issued on Friday, June 26, 2026.\"},{\"question\":\"What project and entities are covered by the approved investment?\",\"answer\":\"The approval covers the Pickalbatros MAR Project investment in Morocco, including Pickalbatros Morocco for Tourism and Investment, Palmassets, Albatros Menara for Tourism and Investment, and Palais Des Roses, as co-borrowers.\"},{\"question\":\"How much financing was approved and how is it split?\",\"answer\":\"The aggregate amount is up to US$230 million, consisting of an A Loan up to US$165 million and B Loans up to US$65 million, with IFC as lender of record.\"}]",1784494873,3,{"code":4,"msg":29,"data":30},"ok",{"site_id":23,"language":22,"slug":31,"title":13,"keywords":32,"description":14,"schema_data":33,"social_meta":83,"head_meta":85,"extra_data":87,"updated_unix":26},"morocco-investment-pickalbatros-mar-project-approval-on-absence-of-objection-basis-june-26-2026","",{"@graph":34,"@context":82},[35,51,65],{"@type":36,"itemListElement":37},"BreadcrumbList",[38,42,46,48],{"item":39,"name":40,"@type":41,"position":20},"https://docshare.wps.com","Home","ListItem",{"item":43,"name":44,"@type":41,"position":45},"https://docshare.wps.com/document/","Document",2,{"item":47,"name":12,"@type":41,"position":27},"https://docshare.wps.com/document/research-report/",{"item":49,"name":13,"@type":41,"position":50},"https://docshare.wps.com/document/morocco-investment-pickalbatros-mar-project-approval-on-absence-of-objection-basis-june-26-2026/112408/",4,{"url":49,"name":13,"@type":52,"author":53,"headline":13,"publisher":55,"fileFormat":58,"inLanguage":22,"description":14,"dateModified":59,"datePublished":59,"encodingFormat":58,"isAccessibleForFree":60,"interactionStatistic":61},"DigitalDocument",{"name":9,"@type":54},"Person",{"url":39,"name":56,"@type":57},"DocShare","Organization","application/pdf","2026-07-19",true,{"@type":62,"interactionType":63,"userInteractionCount":4},"InteractionCounter",{"@type":64},"ViewAction",{"@type":66,"mainEntity":67},"FAQPage",[68,74,78],{"name":69,"@type":70,"acceptedAnswer":71},"When was the Morocco investment approved on an absence-of-objection basis?","Question",{"text":72,"@type":73},"The approval was issued on Friday, June 26, 2026.","Answer",{"name":75,"@type":70,"acceptedAnswer":76},"What project and entities are covered by the approved investment?",{"text":77,"@type":73},"The approval covers the Pickalbatros MAR Project investment in Morocco, including Pickalbatros Morocco for Tourism and Investment, Palmassets, Albatros Menara for Tourism and Investment, and Palais Des Roses, as co-borrowers.",{"name":79,"@type":70,"acceptedAnswer":80},"How much financing was approved and how is it split?",{"text":81,"@type":73},"The aggregate amount is up to US$230 million, consisting of an A Loan up to US$165 million and B Loans up to US$65 million, with IFC as lender of record.","https://schema.org",{"og:url":49,"og:type":84,"og:title":13,"og:site_name":56,"og:description":14},"article",{"robots":86,"canonical":49},"index,follow",{"doc_id":7,"site_id":23},{"code":4,"msg":5,"data":89},[90,94,98,102,107,112,117,120,125,128,132],{"id":20,"doc_module":4,"doc_module_name":44,"category_name":91,"show_sort_weight":92,"slug":93},"Story & Novel",90,"story-novel",{"id":45,"doc_module":4,"doc_module_name":44,"category_name":95,"show_sort_weight":96,"slug":97},"Literature",80,"literature",{"id":50,"doc_module":4,"doc_module_name":44,"category_name":99,"show_sort_weight":100,"slug":101},"Exam",70,"exam",{"id":103,"doc_module":4,"doc_module_name":44,"category_name":104,"show_sort_weight":105,"slug":106},5,"Comic",60,"comic",{"id":108,"doc_module":4,"doc_module_name":44,"category_name":109,"show_sort_weight":110,"slug":111},6,"Technology",50,"technology",{"id":113,"doc_module":4,"doc_module_name":44,"category_name":114,"show_sort_weight":115,"slug":116},7,"Healthcare",40,"healthcare",{"id":11,"doc_module":4,"doc_module_name":44,"category_name":12,"show_sort_weight":118,"slug":119},30,"research-report",{"id":121,"doc_module":4,"doc_module_name":44,"category_name":122,"show_sort_weight":123,"slug":124},9,"Religion & Spirituality",20,"religion-spirituality",{"id":123,"doc_module":4,"doc_module_name":44,"category_name":126,"show_sort_weight":123,"slug":127},"World Cup","world-cup",{"id":129,"doc_module":4,"doc_module_name":44,"category_name":130,"show_sort_weight":129,"slug":131},10,"Lifestyle","lifestyle",{"id":133,"doc_module":4,"doc_module_name":44,"category_name":134,"show_sort_weight":103,"slug":135},19,"General","general"]