L&F Air8 Supplier Finance

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 The project entails a debt financing package of up to US$75 million to Li & Fung Limited (“L&F Limited”), Li & Fung (Trading) Limited (“L&F Trading”) and Air8 Pte. Ltd. (“Air8”) (L&F Trading and together with Air8 and L&F Limited, the “Borrowers”). Li & Fung is the world’s leading supply chain solutions partner. It specializes in responsibly managing supply chains of high-volume, time-sensitive goods for leading retailers and brands worldwide. Air8 is a supply chain financing solution provider, under LFX, focused on sustainability. The company connects SME suppliers with funders across borders, leveraging deep apparel and merchandise sector expertise, and promotes ESG asset creation to align funders’ capital with their ESG goals.The Project will support the Borrowers’ expansion of service offerings to its buyers and suppliers on supply chain solutions and supply chain financing for the benefit of suppliers in developing countries in Asia (the “Project”).