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Agrícola Andrea secures loan of up to USD 36 million from BCI Miami and BCI Perú

FinanceInternationalLexLatinAI summary
Image: LexLatin

Peruvian company Agrícola Andrea received a medium-term loan of up to 36 million dollars, granted jointly by Banco de Crédito e Inversiones, S.A., Miami Branch and Banco BCI Perú S.A. The deal was signed on October 30. The funds will be used to restructure existing financial debt with BCI for up to 21 million dollars, while the additional 15 million will finance the company's growth. The loan is secured by a trust over Agrícola Andrea's assets.

In 40 seconds

  • The loan, of up to USD 36 million, was granted jointly by BCI Miami and BCI Perú.
  • Up to USD 21 million will restructure existing debt with BCI; USD 15 million will finance growth.
  • The deal was signed on October 30 and is secured by a trust over Agrícola Andrea's assets.
Read the full story at LexLatin

IASummary generated by artificial intelligence from a story by LexLatin. It may contain errors: the original source prevails.

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