According to bank provided information, the investment involves a proposed USD 20 mln term loan (consisting of a subordinated and a senior tranche) to Die Koop Finansiering, a subsidiary of The Co-op that was set up to attract financing for The Co-op's long-term financing activities.
Die Humansdorpse Landbou Kooperasie Beperk ("The Co-op") is an agricultural business in South Africa that is structured as a cooperative and owned by its ~1,800 farmer members. The Co-op has its head office in Humansdorp, Eastern Cape, South Africa and is a typical agri-services company that provides inputs, financing, and post-harvesting services to its farmer members. It owns a network of 34 trading branches, runs business units specialized in irrigation, alternative energy and netting, and operates the 3rd largest feed mill in the Eastern Cape. As a strategic partner and financier, The Co-op is actively involved in a number of Black Economic Empowerment ("BEE") agricultural development projects that aim to empower disadvantaged black community members and turn them into commercial farmers.
|Private Actor 1||Private Actor 1 Role||Private Actor 1 Sector||Relation||Private Actor 2||Private Actor 2 Role||Private Actor 2 Sector|
|-||-||-||-||Die Humansdorpse Landbou Kooperasie Beperk||Client||Agriculture and Forestry|
*Contact information not provided at the time of disclosure*
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