5-Year Working Capital Facility Granted by the International Finance Corporation (IFC)

“IFC”, the financing arm of the World Bank for privately-owned projects, approved a structured US$20 million dolllar credit facility to Agrofertil S.A., one of the leading distributors of agricultural supplies and inputs in Paraguay The credit facility will finance Agrofertil’s growing working capital requirements, so as to better contribute to the "pre-harvest" financing needs of grain producers in Paraguay Alpax acted as exclusive financial advisor to Agrofertil