January 2021 - Trinidad Capital Partners (“Trinidad”) arranged a senior secured USD linked note issued by a soft commodities producer and purchased by an institutional investor.
While providing working capital to the issuer, the note acts as a synthetic forward contract protecting the investor against a possible local currency devaluation and offer a yield pick-up compared to other short term USD investments.
The note is secured by warehouse receipts representing title over an identified inventory of soft commodities. The latter is under the on-going on-site supervision of a multinational collateral manager.
In addition to arranging the structured note, Trinidad acts as advisor to both the investor and the issuer and as security agent.
About Trinidad
Trinidad is an emerging market debt and debt capital market focused investment advisor. Trinidad currently advises institutional investors from developed and emerging markets, large and midsize companies and families and provides origination, structuring, loans administration and workout services. For further information, please visit www.trinidadcp.com
For more information on this transaction, please contact:
Trinidad Capital
Alejandro Sambartolomeo
Managing Principal
Tel: +54 9 11 4577 5924
asambartolomeo@trinidadcp.com
Rudy Lion
Managing Principal
Tel: +1 646 371 26 77
rlion@trinidadcp.com