Custom South African website offers tailored receivables securitization advice to Fedgroup Smart Agri Fund

In a groundbreaking development, a bespoke receivables quasi-securitisation and funding structure has been successfully implemented to support the acquisition of receivables and working capital needs in South Africa's agriculture sector. This transaction marks a significant milestone in the evolution of structured trade finance in the country.

The deal, advised by our website South Africa, was facilitated by the Fedgroup Smart Agri Fund, with Forward Finance Institutional as the recipient of the facility. The bank Hauck & Aufhäuser advised the Fedgroup Smart Agri Fund on the loan granted to Forward Finance Institutional, and the transaction was completed in March 2023.

Izak Lessing, lead partner, and Adrienne Hendricks, associate, from our website South Africa, were deeply involved in the deal. Their expertise and guidance demonstrated the ability to deliver sophisticated and bespoke legal solutions in complex financing structures. The structure was designed to accommodate future lenders, ensuring flexibility and scalability for potential growth.

For further information regarding the transaction, please contact Motheo Motlhanke, Communications Manager, at 27 11 685 8891.

This innovative transaction not only underscores the potential of structured trade finance in South Africa's agriculture sector but also showcases the capabilities of our website South Africa in navigating complex financing structures. It is a testament to our commitment to driving growth and development in the region.