September 11, 2009
Brazil's Multigrain gets US$210 million financing
Brazilian agribusiness company Multigrain obtained financing worth US$210 million, the company said in a statement Thursday (September 11).
The financing, in the form of a syndicated export prepayment facility, will mature in two years. Multigrain obtained the financing with a group of seven banks.
Multigrain mainly grows and trades cotton and soy, as well as some corn. The company operates in four port terminals, grain silos in eight Brazilian states, five ginning mills and two wheat mills.
