Cordiant purchases $15M participation in FMO loan to El Tejar
July 2008

A $15M B-loan was signed with FMO in July 2008 for El Tejar, one of the leading farm operators and agribusiness groups in South America. Proceeds from this loan will be used to: 1) fund the acquisition of new land and farms in Brazil; and 2) support the increase in acreage to 668,000 planted hectares in 2009.