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Innovatus Capital Partners Announces Two Latin American Trade Finance Deals Under Newly Established Agriculture-Focused Platform

Innovatus Capital Partners | August 10, 2018 12:00 AM

NEW YORK, Aug. 10, 2018 /PRNewswire/ -- Innovatus Capital Partners, LLC ("Innovatus" or the "Firm"), an independent adviser and portfolio management firm with approximately US$1.6 billion in assets under management, today announced that it has finalized two trade financing agreements with leading companies in the agronomic services and peanut production industries in Latin America.

The Firm signed two separate US$10 million pre-export financing agreements – the first with Brazil's Brumau Comercio de Oleos Vegetais Ltda, ("Brumau"), one of the country's largest peanut processing and export companies, and the second with Agrofertil S.A. ("Agrofertil"), one of Paraguay's leading crop inputs distributors and agronomic services companies. Both transactions are collateralized by inventory.

These transactions represent the first two investments from the Firm's trade finance strategy, which is designed to support all aspects of the agricultural export process, providing both upstream and downstream borrowers financing for supplies, processing, storage and distribution of food commodities. Innovatus offers senior-secured financing to agricultural platforms with large footprints and long-term track records of successful crop delivery across global markets, including Latin America, Eastern Europe and Africa. Offtake agreements are typically negotiated between established buyers and the producer prior to the financing agreement, guaranteeing a market for future production.
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