AZPA raised USD10 MM from Bladex

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