PROJECT

Projects

Summary of Investment Information

Project Number

34061

Company Name

TIRYAKI AGRO GIDA SANAYI VE TICARET ANONIM SIRKETI

Date SPI Disclosed

Nov 14, 2013

Country

Turkiye

Region

Central Asia and Turkiye

Projected Board Date

Dec 18, 2013

Environmental Category

B - Limited

Status

Completed

Last Updated Date

Jun 12, 2021

Department

Gbl Ind, Manufact, Agribus & Services

Industry

Agribusiness and Forestry

Previous Events

Approved : Dec 26, 2013
Signed : May 30, 2014
Invested : Sep 4, 2014

Sector

Diversified Edible Agricultural Crops Production

Project Description

As an agricultural commodity trade and supply chain manager since early 80’s, Tiryaki Agro Gida Sanayi ve Ticaret A.S. (the “Company” or “Tiryaki”) is engaged in sourcing, processing and storage of both conventional and organic agricultural products with a storage capacity of more than 500,000 tons. The proposed project involves refinancing of the existing working capital facility of and to finance incremental working capital needs required for the Company’s growth in operations at an estimated cost of US$330 million (the ‘Project’). The Project will ensure Tiryaki’s continued access to working capital funding which is critical for the Company’s growth.

Sponsor / Cost / Location

Development Impact

E&S Category Rationale / Risks and Mitigation