| Project Detail |
Project Description
Provision of up to USD 40 million in the form of a participation in a syndicated senior secured revolving credit facility to finance working capital needs of Trans-Oil Group. Working capital financing is associated with the procurement, storage, processing, transportation of agricultural commodities, and export sale.
Project Objectives
Provision of seasonal working capital financing for the Groups activities in Moldova.
Transition Impact
The Project is expected to have a transition impact under the "Competitive" and "Integrated" transition qualities through: (i) the introduction of value added goods such as organic and high oleic sunflower oil to the Groups sales structure which will lead to higher profitability thus enabling the Group to become more competitive. Several local suppliers of grain and oil seeds are expected to obtain organic certification in accordance with international strandards; (ii) the expansion of Trans-Oils exports to the new foreign markets leading to stronger international integration of the Group. |
