Agrovision Completes Senior Loan Financings
05.17.22
This is only gets display when printing
The Firm recently represented Agro Vision Corp. (“Agrovision”) in connection with a $180 million senior secured term loan and a $30 million senior unsecured revolving facility, each with accordion features that would allow Agrovision to upsize the facilities by an additional $150 million and $40 million, respectively.
The proceeds of the financing will fund the next phase of Agrovision’s growth plan and refinance existing debt, working capital and general purposes.
Agrovision is a leading producer and supplier of superfruits and vegetables. It operates farming, supply chain and marketing activity in Asia, North America and Europe.
The Simpson Thacher team included Jaime Mercado, Jomar Vargas and Clarisa Jiménez (Credit); and Michael Mann (Tax).