5 days ago
Carlyle Buys Farm Loans That Hedge Losses as Industry Suffers
Carlyle Group Inc. is purchasing $250 million of loans from FarmOp Capital, a lend that helps farmers deal with the seasonal flow of funds in agriculture and fend off the recent wave of bankruptcies that have hit the industry.
The deal is structured through a 'forward flow agreement,' in which Carlyle commits to buying the loans before they are originated, according to a statement.
