TOI Commodities SA Secures Record $325 Million Trade Finance Facility from International Lenders Syndicate Led by ING Bank
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TOI Commodities SA Secures Record $325 Million Trade Finance Facility from International Lenders Syndicate Led by ING Bank
03.07.2025
Trans-Oil Group is proud to announce the successful renewal and expansion of its flagship trade finance facility for its Swiss subsidiary, TOI Commodities SA, marking a significant milestone in the Group’s financing history. As of July 1, 2025, the Group has signed a new Borrowing Base Facility of up to USD 325 million, the largest amount ever raised under this structure by the Group.
The facility is structured as a classic borrowing base, secured by stocks, receivables, and cash, and will be used to finance the purchase of 2025 harvest agricultural commodities from Moldovan and Romanian farmers and suppliers.
“This renewal is a strong vote of confidence from our financial partners,” said Vaja Jhashi, Chairman of the Board of Trans-Oil Group. “It will directly support our core procurement operations in Republic of Moldova and Romania and underpins our broader strategy of regional growth.”
The syndicate is led by ING Bank N.V., Amsterdam, Lancy/Geneva Branch, and includes an expanded and diversified group of 16 banks—a 45% increase in participating lenders compared to the previous year. Notably, the total facility amount has grown by nearly 80% year-on-year, reflecting the Group’s strong credit standing and the trust placed in it by the international banking community.
The syndicate includes a robust mix of development finance institutions (DFIs) and leading commercial banks:
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ING Bank N.V., Amsterdam, Lancy/Geneva Branch (Facility Agent)
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UniCredit Bank Austria AG
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Nederlandse Financierings-Maatschappij voor Ontwikkelingslanden N.V. (FMO)
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IFC – International Finance Corporation (World Bank Group)
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Black Sea Trade and Development Bank
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Citibank NA, London Branch
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Raiffeisen Bank International AG
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OTP Bank SA, Moldova
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OTP Bank Nyrt, Hungary
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Nexent Bank N.V.
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The Access Bank UK Limited
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The Access Bank Malta Limited
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Anadolubank Nederland N.V.
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Banque Internationale de Commerce – BRED (Suisse) SA
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Coöperatieve Rabobank U.A.
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FIMBank PLC
This enhanced facility underscores Trans-Oil Group’s unique ability to raise strategic working capital even in the face of complex geopolitical dynamics in the Black Sea region. It also reaffirms the Group’s commitment to building resilient supply chains, supporting regional food security, and empowering local agricultural communities.
