CDC's investment in the transaction is supported by a partial guarantee provided by Northern Arc
Origo provides end-to-end agriculture supply-chain solutions such as procurement, storage, and financing
This is the eighth debt fund from the Northern Arc platform and the first to onboard international investors. It targets an overall corpus of $100 mn, including greenshoe of $50 mn
SMBC will make investments in transactions structured and executed by Northern Arc as well as provide on-balance sheet lending to Northern Arc's partners
A pooled bond structure is backed by a partial guarantee; enhancing the credit rating for the loans and lowering the cost of borrowing
Early investors including Dvara Trust, LeapFrog Investments and Accion will partially sell their stake in the company, but will however continue to stay invested
One tranche has been structured as a "green bond" and will be utilised exclusively for green on lending