Netafim Global 2

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   Netafim is the world’s leading manufacturer of micro-irrigation components. From its origins in Israel in 1965, it has since grown to employ nearly 4,100 people in 36 countries, encompassing 29 subsidiaries and 17 manufacturing plants worldwide. It has irrigated over ten million hectares of land and produced over 150 billion drippers used by over two million farmers. The company manufactures a wide variety of products for use in precision irrigation, either through extrusion or injection molding. It also produces or assembles other equipment to support the deployment of drip irrigation equipment (e.g., pumps, computer terminals, instrumentation) and provides expertise in the design, installation and use of such whole-irrigation solution packages. The proposed investment is for a $125 million corporate loan to Netafim Ltd (“Netafim” or “the company”), to support the company’s growth in China, Turkey and Africa (the “project”).