Structured Financing for working capital needs by Banco Latinoamericano de Comercio Exterior ("Bladex")

AZPA raised USD10 MM from Bladex

  • Deal Stage:  closed transaction
  • Service:  debt
  • Sector: Consumer and Retail
  • Sub-sector: Agriculture / Livestock
  • Contact Email: martin.peters@alpax.com

Description

AZPA is the largest sugar producer in Paraguay with a history of over 100 years and is the largest exporter of organic sugar to the U.S. Exports are made mostly through Wholesome Sweeteners Inc.(U.S), under a long term supply contract Based in Panama, BLADEX (Banco Latinoamericano de Exportaciones) approved a $10 million credit facility to Azucarera Paraguaya S.A. (AZPA) The credit facility will finance the working capital that implies pre-financing of organic and conventional sugar production Alpax acted as exclusive financial advisor to Azucarera Paraguaya

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Martin Peters
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