Trigon Agri A/S announced that on 23 January 2017 it has signed the standby credit facility agreement with a group of its shareholders. Foreign currency transfer restrictions effective in Ukraine continue to hinder the ability of the company to finance its overhead costs in Tallinn in the period from March to August 2017. Historically the expenditures for this period have been financed by the advance payments for the future rapeseed deliveries which entail a high degree of a commercial risk both associated with the volatility of the rapeseed market prices and uncertainties in the quantities of own produce of the company. Having analysed and considered different financing options, it has been decided to secure the availability of financing (unless alternative financing is obtained) by signing the standby credit facility agreement with several shareholders of Trigon Agri A/S, holding as a group a total of approximately 23.85% of the total outstanding shares. The repayment of the credit will be effected during the harvest period 2017 following the planned receipt of the proceeds from commissioning of the 2017 crop export transactions. The standby credit facility agreement has a maximum limit of SEK 20,000,000, which can be drawn at any time during the period 23 January 2017 - 31 December 2017. The agreement has been signed with the company Maderna Corporate Services AB, acting both as a creditor to Trigon Agri A/S under the Agreement and as an agent for the benefit of other creditors under the Agreement (who have provided firm commitments to contribute to the credit facility in the event of a draw down).