February 2021 - Trinidad Capital Partners (“Trinidad”) arranged a senior secured foreign currency linked note issued by a frontier market based soft commodities producer and purchased by an institutional investor.
While providing working capital to the borrower, 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.
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:
Tel: +54 9 11 4577 5924
Tel: +1 646 371 26 77