Investor Presentaiton
Global Market Competition and Financing
Unlike its competitors, Verde does not have the option to incur most of its cost of debt in US dollar-denominated liabilities.
Overall, the Company is not able to provide financing for more than 20% of its revenue due to constraints related to lines of credit.
Comparative Proxy of Finance Costs Between International Major Players and Verde 1,2
18.0%
16.0%
14.0%
12.0%
10.0%
8.0%
6.2%
5.7%
6.0%
5.0%
5.2%
5.2%
4.0%
2.0%
0.0%
Cargill®
Nutrien
BUNGE
Mosaic
YARA
18.6%
Average
lending cost
16.6% 3
3
Average
cost of
debt
1- Source: Bloomberg, as of July 24th, 2023.
2 - Considers each Company most traded bond, which differs considerably from Verde's tenors. This is likely to imply that large international players have an even lower cost of finance.
3- Considers average cost of debt related to working capital loans with maturity from September 2023 onwards as of Q2 2023.
TSX: NPK OTCMKTS: VNPKF
со
со
verde
AGRITECH
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