ING arranges NEXI-backed loan for Argentina’s CAGSA
ING Bank Tokyo branch has arranged a $100 million working capital loan for Argentina’s Compañía Argentina de Granos (CAGSA), a major producer and distributor of grains including soybeans and corn. The loan is backed with credit insurance from Japan’s Nippon Export and Investment Insurance (NEXI), as part of Japan’s strategy of national food security.
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