Agropecuaria Maggi

Amaggi Sustainable Cotton

Borrower (s)
Agropecuaria Maggi
Industry
Agri/Soft Commodities/Grains
Area of finance
Development Bank Finance
Region
Latin America
Countries
Brazil

Deal Overview

IFC proposed investment consists of an A/B/MCPP Loan of up to US$180 million to Agropecuaria Maggi Ltda (“Agropecuaria”), the farming company of Amaggi Group  (“Amaggi” or “the Group”), a leading producer, merchandiser, crusher and exporter of grains in...

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IFC proposed investment consists of an A/B/MCPP Loan of up to US$180 million to Agropecuaria Maggi Ltda (“Agropecuaria”), the farming company of Amaggi Group  (“Amaggi” or “the Group”), a leading producer, merchandiser, crusher and exporter of grains in Brazil.

The financing will support Amaggi’s three-year investment plan comprising:

(i) conversion of existing corn farmland into cotton production across three farms in Mato Grosso; 

(ii) expansion of cotton ginning capacity; 

(iii) investments in logistics assets for the cotton expansion and agricultural inputs for use in the cotton field areas; and 

(iv) crop protection/treatment inputs for productivity improvements in existing cotton fields (“the Project”.) 

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Deal Volume
$ 180m
Financial Close
31 August 2021
Sources

All Dealmakers

Tranches


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