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TriLinc Global Impact Fund Makes Impact Investments in Sub-Saharan Africa, Latin America, and Southeast Asia

LOS ANGELES–(BUSINESS WIRE)–TriLinc Global Impact Fund (“TriLinc” or the “Company”) announced today
that it recently approved $37.5 million in term loan and trade finance
transactions with companies operating in Sub-Saharan Africa, Latin
America, and Southeast Asia. The transaction details are summarized
below.

TriLinc is an impact investing fund that provides growth-stage loans and
trade finance to established small and medium enterprises (“SMEs”) in
developing economies where access to affordable capital is significantly
limited. Impact Investing is defined as investing with the specific
objective of achieving a competitive financial return as well as
creating positive, measurable impact in communities across the globe.

TriLinc recently approved $37.5 million in term loan and trade finance
transactions that meet the Company’s requirements for underwriting,
economic development, and societal advancement, as described below:

On July 3, 2017, the Company funded $1,649,138 as part of a new
$15,000,000 senior secured 4.2-year term loan to a Colombian consumer
lender that services public sector employees and retirees within small
and medium size government agencies throughout the country. Priced at
11.50%, the transaction is set to mature on August 1, 2021, and is
secured by the portfolio of payroll deduction loans and all cash flow
stemming from these assigned notes. The borrower anticipates that
TriLinc’s loan will assist the company in originating new payroll
deduction loans, which will provide middle income consumers with timely
and flexible financing for voluntary private consumption.

On July 3, 2017, the Company funded $1,080,000 as part of a new
$3,500,000 revolving senior secured trade finance facility to a
pharmaceuticals distributor located in the United Arab Emirates that
exports pharmaceutical components to Algeria. With an interest rate of
six month LIBOR + 13.00%, the transaction is set to mature on January
30, 2018 and is secured by a pledge of financed goods, personal and
corporate guarantees, and a credit insurance policy. TriLinc’s financing
will be used to finance the purchase of pharmaceutical components from
various pre-approved suppliers in India and China to be sold to one of
the largest producers of generic pharmaceuticals in Algeria. All of the
pharmaceutical components are produced in compliance with World Health
Organization Good Manufacturing Practices, a requirement of the Algerian
Ministry of Health. The borrower anticipates that TriLinc financing will
help increase the availability of generic pharmaceutical options within
Algeria.

On July 5, 2017, TriLinc funded $150,865 to an Earth Island Institute
Dolphin-Safe-certified Ecuadorian fish processing and exporting company
as part of an existing $2,000,000 revolving senior secured trade finance
facility at a fixed interest rate of 9.00%. With a maturity date of
August 18, 2018, these transactions are secured by specific receivables
and inventory destined for export. The borrower anticipates that TriLinc
financing will continue to support employment generation and increases
in employee wages, in addition to the company’s commitment to waste
management and water recycling initiatives on its premises.

Between July 5 and July 12, 2017, TriLinc funded two separate
transactions, totaling $611,500, as part of an existing $5,000,000
revolving trade finance facility with a Dolphin-Safe certified
Ecuadorian tuna processor and exporter. Priced at 9.50%, the
transactions are set to mature on June 8, 2018 and are secured by
inventory and accounts receivable. TriLinc’s financing will support the
borrower’s job creation efforts, as the borrower anticipates that it
will increase its processing capacity by 30% in the next three years,
requiring another work shift and a substantial increase in its
workforce. The borrower is dedicated to the wellbeing of its employees,
as shown by offering them extensive training programs upon hiring, and
performing human resource studies to measure the happiness and
efficiency of its employees.

Between July 5 and July 28, 2017, TriLinc funded seven separate
transactions, totaling $4,672,000 as part of an existing $9,000,000
revolving trade finance facility with an Ecuadorian shrimp exporter,
whose local suppliers of farm-raised shrimp are all licensed by INP, an
Ecuadorian institute specializing in biological, technological, and
economic research aimed at the management and development of sustainable
fisheries. With a fixed interest rate of 9.25%, the transactions are set
to mature between September 4, 2018 and October 22, 2018. The financings
are secured by inventory, accounts receivable, and purchase contracts.
The borrower uses state-of-the-art, cost-efficient cooling and freezing
equipment to preserve the quality of its product and reduce its
environmental footprint. TriLinc’s financing will support the borrower’s
position as Ecuador’s seventh-largest shrimp exporter, and strengthen
the borrower’s ability to offer competitive wages, health services, and
childcare support to its employees.

On July 10, 2017, the Company funded $4,813,627 as part of a new
$14,000,000 trade finance facility to a non-ferrous metals trader based
in Hong Kong that imports London Metal Exchange grade copper and nickel
into Chinese and Indian markets. Priced at 9.50%, the transaction is set
to mature on January 4, 2018 and is secured by an assignment of sales
contracts and underlying accounts receivables, including personal
guarantees and power of attorney over the borrowers’ account. TriLinc’s
financing will be used to finance the sale of copper and nickel products
to various SMEs throughout India. The borrower and its suppliers aim to
increase the accessibility of metal products for SMEs by facilitating
the purchase of small quantities on a just-in-time basis and at an
affordable contract cost. Increasing the copper and nickel supply within
India aids in enhancing the economic viability of the country through
meeting the growing infrastructure demands of its population.

On July 12, 2017, the Company funded $758,712 as part of an existing
$8,000,000 senior secured revolving receivables trade finance facility
to a global metals trader based in the United Kingdom and operating in
Africa. With an interest rate of six month Libor + 6.00%, the
transaction is set to mature on January 8, 2018, and is secured by a
bill of exchange and sales contracts. TriLinc’s financing will
facilitate the trade of London Metal Exchange registered, full plate
nickel cathodes, which are used extensively as inputs in infrastructure
development projects worldwide.

On July 26, 2017, TriLinc funded $99,590, as part of an existing
$2,500,000 revolving trade finance facility with a family-owned
Uruguayan citrus producer that specializes in growing, processing,
packing, and exporting citrus fruits, juice concentrate, and essential
oils. The borrower is certified under the guidelines of Tesco Nurture
and Unilever’s sustainable agriculture code, demonstrating its
commitment to operating in an environmentally responsible manner. With a
fixed rate of 9.00%, the transaction is set to mature on July 26, 2018
and is secured by inventory. The borrower anticipates that TriLinc’s
financing will support its efforts in increasing agricultural production
to meet the demand stemming from new international markets, thereby
facilitating export diversification in Uruguay.

On July 28, 2017, TriLinc funded a $15,000,000, 5.75-year term loan
facility with a Kenyan freight and cargo transporter that services the
port of Mombasa, the largest hub for trade in East Africa. With an
interest rate of 12.80%, the transaction is set to mature on March 31,
2023 and is secured by a second lien over all assets and property owned
by the borrower, including personal and corporate guarantees. TriLinc’s
financing will support the borrower in increasing the operational
effectiveness of the port, which has a direct influence on the
competitiveness of Kenya’s businesses, the availability of a variety of
goods in the country, and the wider cost of goods in Eastern Africa. The
borrower maintains its competitive advantage by being strategically
located and serving as a one-stop shop for its customers through
offering services such as remote online tracking, weighing of cargo,
customs clearance, transportation arrangements, etc. in order to
increase the port’s operational efficiency.

On July 31, 2017, TriLinc funded two transactions, totaling $8,697,115,
as part of a new $11,000,000 revolving senior secured trade finance
facility with a mobile phone distributor, based in Hong Kong, which
specializes in the trading and distribution of branded and OEM mobile
phones, cameras, music players and home appliances. Priced at 10.00%,
the transactions are set to mature between October 29, 2017 and December
28, 2017 and are secured by receivables, personal and corporate
guarantees, a collection account, and properties in Hong Kong. The
borrower was appointed to be the exclusive distributor in India for a
large multinational networking and telecommunications equipment company.
India has the fastest-growing smartphone market in the world, and
TriLinc’s financing will support the distribution of mobile phones
throughout the country that are both high quality and affordable. In
addition to expanding access to technology within India, the borrower
maintains an active CSR program in-country that is focused on bringing
technological education to the youth in West Bengal.

“TriLinc’s recent investment activity demonstrates our commitment to
diversifying our portfolio across impactful industries around the
world,” said Gloria Nelund, CEO of TriLinc. “By financing companies that
range from a pharmaceuticals distributor exporting economical
pharmaceutical components into Algeria, to a freight and cargo
transporter increasing port efficiency in Kenya, TriLinc is supporting
SMEs that drive access to new products and services in order to generate
economic and social progress.”

About TriLinc Global Impact Fund

TriLinc is a non-traded, externally managed, limited liability company
that makes impact investments in SMEs in developing economies that
provide the opportunity to achieve both competitive financial returns
and positive measurable impact. TriLinc invests in SMEs through
experienced local market sub-advisors, and expects to create a
diversified portfolio of financial assets consisting primarily of
collateralized private debt instruments. In addition, the Company
aggregates and analyzes social, economic, and environmental impact data
to track progress and measure success against stated objectives.

Forward-Looking Statements

This press release contains forward-looking statements within the
meaning of the federal securities laws and regulations.
These
forward-looking statements are identified by their use of terms and
phrases such as “anticipate,” “believe,” “continue,” “could,”
“estimate,” “expect,” “intend,” “may,” “plan,” “predict,” “project,”
“should,” “will” and other similar terms and phrases, including
references to assumptions and forecasts of future results.
Forward-looking
statements are not guarantees of future performance and involve known
and unknown risks, uncertainties and other factors that may cause the
actual results to differ materially from those anticipated at the time
the forward-looking statements are made.
Although the Company
believes the expectations reflected in such forward-looking statements
are based upon reasonable assumptions, it can give no assurance that the
expectations will be attained or that any deviation will not be material.

The Company undertakes no obligation to update any forward-looking
statement contained herein to conform the statement to actual results or
changes in the Company’s expectations.

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