Spayka Group $21.5 million financing

30/5/2018
Financing

$ 21.5 million

Announced

30/5/2018


Overview:

  • Spayka Group has taken out a $21.5 million financing from the Netherlands Development Finance Company (FMO).
  • The purpose of the loan is to develop 20-30 hectares of greenhouses for the production of tomatoes and bell-peppers in Armenia and Georgia.

Prin Shasiharan - Researcher

Jurisdictions:

Georgia
Russia
Armenia

Deal type:

Financing

Practice area:

Banking

Industry sector:

Financial services


Firms:

Party: FMO - Nederlandse Financierings-Maatschappij voor Ontwikkelingslanden (Lender)


Party: FMO - Nederlandse Financierings-Maatschappij voor Ontwikkelingslanden (Lender)

Lawyer: Andrew Taylor


Party: FMO - Nederlandse Financierings-Maatschappij voor Ontwikkelingslanden (Lender)