Agrovision Completes Senior Loan Financing
11.21.24
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The Firm recently represented Agro Vision Corp. (“Agrovision”) in connection with a $230 million senior secured term loan and a $150 million senior unsecured revolving facility, which may be upsized to an aggregate amount of up to $400 million. The proceeds of the financing will be used to fund Agrovision’s expansion and innovation plans, for working capital purposes and to refinance Agrovision’s existing indebtedness.
Agrovision is a leading, vertically integrated global health snacking superfruit platform focused on berries and cherries. It operates farming, supply chain and marketing activities in North America, Latin America, Europe, Africa and Asia.
The Simpson Thacher team included Juan Méndez, Jomar Vargas, Jose Colin and Begoña Rodríguez (Credit); Michael Mann (Tax); and Emily Holland (ESG).