Trans-Oil

completed

The Trans Oil group of companies (“T-O”), a leading integrated agro-industrial group focused on grain origination trading and oilseed crushing in Moldova, is seeking financing to support (i) its capital expenditure program, including capacity expansion, energy efficiency investments and environmental upgrades; (ii) its acquisition of five additional elevators and an 88.9% stake in Moldova’s leading oilseed processor, Floarea Soarelui (“FS”, and together with T-O, the “Group”); and (iii) refinancing of short term debt to strengthen its capital structure (collectively, the “Project”). The Project cost is US$110 million. IFC is considering an investment up to US$70 million in the Group to involve a combination of A, B and C Loans. The balance of the Project will be financed with equity from the Sponsor, and internal cash generation.Agro-industrial activities of the Group include farming, grain handling and storage, flour and vegetable oil production, as well as international grain trading. The Group is presently the largest grain trader in Moldova in the following commodities: corn, wheat, sunflower, and barley. More than 90% of the grain volume collected in Moldova by the Group is exported to Turkey, Middle East, North Africa and European Union.