Pre-Crop Finance Facility - Trans-Oil International SA

Malta, April 2019: IIG Bank (Malta) Ltd is one of the five lenders in a Pre-Crop Finance Facility for USD35 million arranged by Societe Generale SA France in favour of Trans-Oil International SA Geneva Switzerland to finance or refinance any seasonal pre-crop activity of the Group and/or the related working capital requirements of the Group in respect of such seasonal pre-crop activity. The Facility agreement was signed March 2019. The Trans-Oil Group of Companies is today an agro industrial holding with a wide range of activities ranging from farming, grain handling and storage to international grain trading, production of flour, vegetable oil in bulk, bottled oil, animal feed, compounding and pig breading & slaughtering. The group assets are located in Moldova and employs more than 1,700 people mainly in farming and oil seeds crushing activities.

 


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