📋 Tender Overview
Location: Türkiye
Project number: 55391
Business sector: Agribusiness
Notice type: Private
EBRD Finance Summary: EUR 20,000,000.00
Total Project Cost: EUR 20,000,000.00
Project Description
The transaction envisages provision of a senior loan of up to EUR 20m for financing the company's working capital needs and capital expenditures.
Project Objectives
The main objective of the project is to provide the company access to working capital funding needed to mitigate 2023 Türkiye earthquake consequences, in turn leading to improved resilience of the company's balance sheet and support the company's growth.
Transition Impact
ETI score: 61
The expected transition impact of the project is "Green" as the primary quality and "Resilient" as the secondary quality.
Green: The project qualifies for Climate Adaptation GET as the company's core activities involve the development of new crop varieties more tolerant to climate stress, as well as more resistant to pests and diseases.
Resilient: The project will provide liquidity to the company needed to mitigate earthquake consequences and continue operating without disruptions.
