FMO, EBRD, Proparco provide $65m facility to Turkey's Tiryaki Agro

Dutch development bank FMO is the lead arranger of a $65 million long-term loan facility to Tiryaki Agro, a Turkish processor of agricultural products. FMO provided $30 million of the facility, while the European Bank for Reconstruction and Development and France's Proparco provided $20 million and $15 million respectively.

FMO is also the largest participant in an ABN AMRO-led syndicate of ten banks, providing $44 million out of a total of $230 million Multicurrency TERM facility for Tiryaki Agro. Other participants include the EBRD, Rabobank and Amsterdam Trade Bank.