In Brief: A Digest of Agribusiness Finance Projects

Client Success

Represented lead lender in $110 million credit facility to agricultural borrower.
Advised a national agricultural lender in an $18.5 million credit facility to a farmer and agricultural supplier.
Represented national agricultural lending company in the development of form documents for the origination of term, revolving, equipment, livestock, seed, construction and letter of credit facilities.
Counseled life insurance company in the origination and servicing of its $2 billion agricultural loan portfolio secured by properties located in more than 30 states.
Represented life insurance company in the origination of a $10 million mortgage loan to an open-ended investment fund secured by a 7,000-acre irrigated and leased cotton farm in Georgia.
Advised a borrower in the food and food-product supply chain in connection with its large-cap syndicated credit facilities totaling more than $300 million.
Represented a public ethanol company in arranging a $125 million credit facility from Farm Credit System lenders and a $38 million bridge loan facility supported by letters of credit.
Represented lead commercial lender, administrative agent and collateral agent in connection with $250 million syndicated financing for the construction and expansion of a renewable energy plant.
Counseled Triumph Foods, a consortium of several leading Midwestern pork producers, as it opened a $150 million corporate headquarters and processing facility. Funded in part by a multifaceted $36 million incentive package of Chapter 100, tax increment financing and infrastructure bonds.
Successfully defended a class action lawsuit against a farm credit entity seeking to rescind $50 million worth of oil and gas interests reserved in the resale of foreclosed farm property.
Obtained a ruling from the Supreme Court of Illinois that the direct notice provisions of the Food Security Act with respect to perfecting liens require strict compliance, not substantial compliance.