Lavoro Announces New R$310 Million 3-Year FIDC-Fiagro Credit Facility
LVROLavoro (LVRO) Newsfilter·2024-08-03 08:15

SÃO PAULO, Aug. 02, 2024 (GLOBE NEWSWIRE) -- Lavoro Limited (NASDAQ:LVRO), the first U.S.-listed pure-play agricultural inputs retailer in Latin America, today announced the establishment of a new R310million(approximatelyUSD310 million (approximately USD55 million based on current exchange rates) credit facility with a three-year term, financed through a new Agribusiness Credit Rights Investment Fund (FIDC-Fiagro). The newly established Lavoro Agro Fundo de Investimentos nas Cadeias Produtivas Agroindustriais (FIDC-Fiagro), establ ...