Louis Dreyfus Vostok LLC
MIGA issued a $15 million guarantee to Louis Dreyfus Négoce S.A. (LDN) for its loan investment in the expansion and operation of Louis Dreyfus Vostok LLC (LDV), an agricultural commodity trading company in Russia. The MIGA guarantee will cover the investment against the risks of transfer restriction, expropriation, and war and civil disturbance. The EBRD will contribute debt financing to the project. LDV is a trading company which purchases and sells agricultural commodities, and is expected to establish efficient distribution channels.