Cofco Agri sends invitations for $2.6bn dual trancher

Agriculture_230
By Shruti Chaturvedi
04 Aug 2016

Details have emerged on agricultural trading and processing company Cofco Agri’s $2.6bn two tranche refinancing, for which a roadshow was held in Singapore last week.

The company, which was called Noble Agri before Cofco International acquired it, is raising 60% of the fundraising via a one year portion and the remainder from a three year tranche, said a banker who has received the invitation.

The top level all-in is 105bp for the former and 130bp ...

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