Rabobank

Oatly Announces Financing Commitments of $425 Million

Retrieved on: 
Wednesday, March 15, 2023

Oatly also announced today that, on March 15, 2023, it entered into a commitment letter to amend its Sustainable Revolving Credit Facility Agreement, and a commitment letter documenting a $125 million term loan B credit facility commitment.

Key Points: 
  • Oatly also announced today that, on March 15, 2023, it entered into a commitment letter to amend its Sustainable Revolving Credit Facility Agreement, and a commitment letter documenting a $125 million term loan B credit facility commitment.
  • The Notes have an aggregate principal amount of $300 million and the Note investors paid a purchase price of $291 million, reflecting an original issue discount of 3%.
  • The U.S. Notes are subject to redemption by the Company if the closing does not occur by that date.
  • The Notes will mature on September 14, 2028, unless earlier converted by the holders or required to be converted, repurchased or redeemed by Oatly.

Origis Energy Announces $750 Million Credit Facility for Solar and Energy Storage Development Pipeline in the U.S.

Retrieved on: 
Tuesday, March 7, 2023

MIAMI, Fla., March 07, 2023 (GLOBE NEWSWIRE) -- Origis Energy , one of America’s leading renewable energy platforms, today announced the close of an upsizing amendment to their development finance facility doubling capacity to $750 million.

Key Points: 
  • MIAMI, Fla., March 07, 2023 (GLOBE NEWSWIRE) -- Origis Energy , one of America’s leading renewable energy platforms, today announced the close of an upsizing amendment to their development finance facility doubling capacity to $750 million.
  • With enhanced flexibility and increased capacity, the credit facility will support further expansion of its solar and energy storage project pipeline.
  • This financing round follows a $375 million facility announced in May 2022.
  • The facility is widely regarded as the largest announced this year for a utility scale solar and storage development project pipeline.

Pedro Salles, a top agribusiness executive, joins Agro.Club in Brazil to lead growth and development in the country

Retrieved on: 
Thursday, March 2, 2023

With a deep understanding of the Brazilian grain trade, Pedro Salles joins Agro.Club Brazil as its Chief Executive Officer.

Key Points: 
  • With a deep understanding of the Brazilian grain trade, Pedro Salles joins Agro.Club Brazil as its Chief Executive Officer.
  • Agro.Club's marketplace fills a large gap in the digitalization of the grain trade by making it more efficient, risk-free, and transparent for all participants.
  • Pedro Salles has over 15 years of executive experience in agricultural commodities trading.
  • Agro.Club raised capital from marquee international investors such as Rabo Frontier Ventures (Rabobank), Speedinvest, VentureFriends, and Elevator Ventures (Raiffeisen Bank).

WaFd Bank Hires Veteran Banker Mark Borrecco as Regional President for California

Retrieved on: 
Wednesday, March 1, 2023

Washington Federal, Inc. (Nasdaq: WAFD) (the “Company”), parent company of Washington Federal Bank, (“WaFd Bank”) today announced veteran banker and former President and Chief Executive Officer at Great Western Bank, Mark Borrecco, will join the WaFd team as the new Regional President for California.

Key Points: 
  • Washington Federal, Inc. (Nasdaq: WAFD) (the “Company”), parent company of Washington Federal Bank, (“WaFd Bank”) today announced veteran banker and former President and Chief Executive Officer at Great Western Bank, Mark Borrecco, will join the WaFd team as the new Regional President for California.
  • Prior to his role at Great Western Bank, Mark served as President and Chief Executive Officer of Rabobank in Roseville, California from 2015 through 2019 and guided them through the sale to Mechanics Bank.
  • California is my home state, which will allow me to hit the ground running and be a productive part of this growing regional bank.” WaFd President and Chief Executive Officer, Brent Beardall said, “We are excited to welcome Mark to the WaFd team.
  • Mark’s experience, leadership, and successful track record in commercial banking in California is a perfect fit for the culture we are building at WaFd Bank.

Just Announced: Cumulus--The Future of Food Reaches 150 Speaker Milestone

Retrieved on: 
Tuesday, February 28, 2023

NEW YORK, Feb. 28, 2023 /PRNewswire-PRWeb/ -- Cumulus, a new, large-scale event focused on the future of food, announced that it has confirmed the participation of 150 senior executives from the leading agtech and foodtech startups, industry incumbents, and the most active investors in the sector.

Key Points: 
  • View the entire speaker list here .
  • "By gathering the most influential startups, investors and incumbents focused on the future of food, we are creating a community gathering that will facilitate the highest level conversations, knowledge-sharing networking and deals."
  • Cumulus will feature a plenary stage, four breakout stages, an innovation stage, pre-conference workshops, and a large-scale expo hall with opportunities to sample novel foods.
  • "Office Hours" will offer startups the chance to have walk-up meetings with leading VCs in a speed-dating fashion.

AGCO Reports Fourth Quarter Results

Retrieved on: 
Tuesday, February 7, 2023

The improved South America results reflect the benefit of higher sales and production, favorable pricing, and a better sales mix, partially offset by higher materials costs.

Key Points: 
  • The improved South America results reflect the benefit of higher sales and production, favorable pricing, and a better sales mix, partially offset by higher materials costs.
  • AGCO will host a conference call with respect to this earnings announcement at 10:00 a.m. Eastern Time on Tuesday, February 7th.
  • The following are among the factors that could cause actual results to differ materially from the results discussed in or implied by the forward-looking statements.
  • In addition, AGCO sells products in, and purchases parts and components from, other regions where there could be hostilities.

WebBank Announces Eraj Asadi named SVP – Head of Asset Finance

Retrieved on: 
Wednesday, January 25, 2023

WebBank is pleased to announce the appointment of Eraj Asadi as Senior Vice President – Head of Asset Finance.

Key Points: 
  • WebBank is pleased to announce the appointment of Eraj Asadi as Senior Vice President – Head of Asset Finance.
  • Eraj joined WebBank in May 2022, bringing 30+ years of both sell and buy side asset and structured finance experience through multiple economic cycles.
  • He has extensive experience in building and running asset finance businesses within a bank infrastructure.
  • In his new role, Eraj will be responsible for leading the Asset Finance team in the expansion, management and strategy of the Bank’s asset finance platform.

The New Foodbytes: Rabobank's Innovation Arm Announces Evolution

Retrieved on: 
Wednesday, February 8, 2023

NEW YORK, Feb. 8, 2023 /PRNewswire/ -- Today, Foodbytes, Rabobank's long-standing innovation arm, is evolving the way it works with startups and corporates through the launch of a new online connection hub. Powered by Rabobank's unmatched knowledge and network, Foodbytes aims to drive more sustainable impact within the food and agriculture industry by broadening its reach and accessibility. This innovation discovery tool is available to all interested global startups, corporates and investors.

Key Points: 
  • NEW YORK, Feb. 8, 2023 /PRNewswire/ -- Today, Foodbytes , Rabobank's long-standing innovation arm, is evolving the way it works with startups and corporates through the launch of a new online connection hub.
  • This innovation discovery tool is available to all interested global startups, corporates and investors.
  • Since 2015, Foodbytes has galvanized collaboration across the value chain - from partnerships, to investments and acquisitions, to R&D and piloting.
  • The opportunity to potentially be featured in Foodbytes-driven insight reports and/or curated lists to highlight specific innovation trends and sectors.

Longroad Energy Completes Financing and Commences Construction of 202 MWdc Umbriel Solar Project

Retrieved on: 
Tuesday, February 7, 2023

BOSTON, Feb. 7, 2023 /PRNewswire/ -- Longroad Energy, a US based renewable energy developer, owner and operator, announced today financial close and commencement of construction of Umbriel Solar, a 202 MWdc (150 MWac) PV project located in Polk County Texas.

Key Points: 
  • BOSTON, Feb. 7, 2023 /PRNewswire/ -- Longroad Energy, a US based renewable energy developer, owner and operator, announced today financial close and commencement of construction of Umbriel Solar, a 202 MWdc (150 MWac) PV project located in Polk County Texas.
  • Umbriel is Longroad's sixth greenfield renewable energy project in Texas to reach financial close and is the company's first project in Texas's MISO footprint.
  • Development of Umbriel began in 2017, and the project is expected to reach commercial operations by the end of this year.
  • Longroad extends thanks to the staff and officials at the LISD and Polk County for their support and collaboration throughout development and construction of the Umbriel project.

Davos 2023: JBS urges for technical and financial support to rural producers to fight climate change

Retrieved on: 
Thursday, January 19, 2023

SÃO PAULO, Jan. 19, 2023 /PRNewswire/ -- Gilberto Tomazoni, Global CEO of JBS, the world's largest food company, participated this Wednesday January 18th, in the panel 'Why Lands Matter', at the World Economic Forum in Davos, Switzerland. Alongside representatives of the government, the nonprofit sector and financial institutions, Tomazoni argued that the way to reduce greenhouse gas emissions is to offer technical and financial support to rural producers, particularly to the smaller producers.

Key Points: 
  • Alongside representatives of the government, the nonprofit sector and financial institutions, Tomazoni argued that the way to reduce greenhouse gas emissions is to offer technical and financial support to rural producers, particularly to the smaller producers.
  • "We need to focus on supporting farmers, with knowledge sharing and access to credit to make the transition to more sustainable production.
  • Tomazoni also highlighted the importance of segmenting the producers to offer support and services according to their needs.
  • "If we work collectively to support farmers, we can produce more, reduce emissions, and protect our natural resources," he concluded.