IFC leads loan for Adecoagro

IFC leads loan for Adecoagro

Loans Debt Argentina US Uruguay Brazil

The International Finance Corporation (IFC) said Friday that it led a $100 million loan for agribusiness Adecoagro to invest in dairy production in Argentina. IFC provided $57.3 million from its own account, including $17.8 million for wastewater treatment, and arranged $42.8 million through the Managed Co-Lending Portfolio Program (MCPP) with institutional investors. The tenor on both tranches in eight years with a two-year grace period, IFC said in a press release. Adecoagro will use the funds

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