Banksville signs export deal for Banacol

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02 July 2010

Banksville has completed a secured export financing facility for Colombian fruit exporter Banacol to finance its exports to Germany.

Banksville Partners has completed the successful syndication of a $32.5 million secured export finance facility for the Colombian fruit producer Banacol Group (Banacol).

The proceeds of the facility will be used by Banacol to finance its fruit exports to Germany.

The facility matures in three years, and was more than 100% oversubscribed and increased from its original launch amount...

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