Trigon Agri A/S signs standby credit facility agreement with a group of its shareholders
Trigon Agri A/S (also the “Company”) hereby informs that on 23 January 2017 it has signed the standby credit facility agreement with a group of its shareholders. Foreign currency transfer restrictions effective in Ukraine continue to hinder the ability of the Company to finance its overhead costs in Tallinn in the period from March to August 2017. Historically the expenditures for this period have been financed by the advance payments for the future rapeseed deliveries which entail a high degree of a commercial risk both associated with the volatility of the rapeseed market prices and