Zilor and BTG Pactual Asset Create FIDC for Sugarcane Suppliers

Zilor, a leading Brazilian agribusiness company, has developed a partnership with BTG Pactual Asset Managementto create a Fund named - Credit Rights Investment Fund (FIDC), to finance sugarcane suppliers. This Fund will provide sugarcane producers with better access to working capital, ensuring stable cash flow and greater financial flexibility for those involved in the sugarcane supply chain.

Galapagos CapitalGalapagos CapitalSão Paulo, Brazil, our Partner in Brazil, advised this operation.

This fund structure is designed to strengthen the relationship between Zilor and its suppliers by offering favourable financing conditions. Through this partnership, BTG Pactual Asset will manage the fund, while Zilor provides backing by guaranteeing credit receivables from its suppliers. The initiative is expected to streamline financial operations for sugarcane producers, promoting sustainable growth in the sector.