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Rabobank Brochure Wholesale Banking North America Growing a better world together Meet Wholesale Banking: Rabobank’s Corporate and Rabobank Investment Banking division Founded as a cooperative of farmers in the Netherlands in 1898 to promote financial Serving clients across the value chain resilience in the agricultural sector, Rabobank understands the food and agribusiness industry better than any other bank. Sourcing Processing Logistics Distribution Rabobank Group is a global financial services leader operating in 38 countries worldwide. In North America, we are deeply committed to all segments of the food and agribusiness (F&A) industry and are also active in trade & commodity Rabobank Wholesale Banking finance for agriculture, energy and metals, and a leader in renewable energy A premier corporate and investment bank to the food, agribusiness, and commodities financing. Rabobank is proud to be a steadfast and trusted advisor to our industries and a leading renewable energy financier, we provide sector expertise, clients across the globe. strategic advisory and tailored financial solutions. Rabobank’s other North American operating entities Leading $765B $128B in Rated global F&A Rabo AgriFinance assets F&A loans A+ / Aa3* advisor Rabo AgriFinance serves leading agricultural producers and agribusinesses throughout the United States with value-added financial products and services, including loans, insurance, input finance and risk management products. 43,272 38 HQ DLL Group employees countries Netherlands A global vendor finance company for equipment and technology assets. DLL provides leading asset-based financial solutions throughout the entire asset life cycle, across retail finance, commercial finance and used equipment finance. * S&P/Moody’s rating March, 2021 Wholesale Banking Rabobank | 01 Rabobank offers our F&A clients an unmatched and ConfConfecectionertioneryy MMilkilk powder powder CoCornrn vast global BeefBeef ContainerContainer boards boards SteakSteak network across CattleCattle every major sector CocoaCocoa PPulpulp DairDairyy farming farming Food and agribusiness sector coverage Farm Inputs Grains, Oilseeds & Sugar Animal Protein Dairy F&A Supply Chains Beverages Consumer Foods Seeds/Fertilizers Wheat & Corn Eggs Fluid milk Logistics Beer/Wine/Spirits Fresh produce/Grocery Crop nutrition & protection Soybeans Poultry Milk beverages Cold chain Soft drinks Snacks/Confectionery Farm equipment & services Specialty & Organic grains Beef Yogurt Packaging Coffee/Tea Bakery Animal nutrition & health Cane & Beet sugar Pork Butter Distribution Juices Food service Seafood Cheese Retail Restaurants Ice Cream Forest products Alternative proteins Nutrition/Ingredients 02 | Rabobank Wholesale Banking Wholesale Banking Rabobank | 03 Our specialized F&A sector teams are expertly organized around your business This Sector Banking approach at Rabobank is an unparalleled market offering for our corporate and private equity clients, leveraging our global network of subject matter experts across numerous facets of the entire food and agribusiness value Your Rabobank team is sector-specific and fully equipped to support chain. From the strategic assessment of macro-themes impacting a specific sector you with deep sector knowledge. Building long-term and sustainable to micro-level analyses of companies, our sector banking model drives optimal client relationships is at the core of our service model, and we work to strategic roadmaps for our clients, and helps us facilitate strategic event dialogue help our clients make informed decisions, anticipate trends and seize the with C-suites and Boards. most attractive opportunities. Client Sector Banking Dairy Animal Protein F&A Supply Chains Comprises sector bankers, who Taps into our global, regional and alongside product and advisory local networks of relationships with Grains, specialists, advise C-suites and F&A corporates, producers, financial Beverages Oilseeds & Sugar Boards on strategic opportunities sponsors, and top start-ups Farm Inputs Consumer Foods Offers exclusive insights on sectors, Generates ideas and Relationship Sector Heads Mergers & Acquisitions Financial Products Research peer companies and their ecosystems, attractive opportunities for Managers & Strategists Advisors Specialists Analysts augmented by unmatched clients to seize F&A research 04 | Rabobank Wholesale Banking Wholesale Banking Rabobank | 05 Advisor in sell- and buy-side Mergers & transactions, takeover defenses, mergers, corporate restructurings, leveraged Acquisitions buyouts, joint ventures and spin-offs Over 90 M&A experts serve Rabobank clients worldwide, Expertise in public transactions providing extensive cross-border execution capabilities and tailored one-on-one situations with a local presence in all major geographies. Our team Close collaboration with Debt is fully equipped to advise clients in both buy-side and and Equity Capital Markets and sell-side transactions ranging from public auctions to Sponsor Coverage tailored one-on-one situations. In addition, we collaborate Tailored strategic advice and with Rabobank’s Capital Markets, Equity Private Placement, process execution excellence RaboResearch and financial Sponsor Coverage teams - the last of which works closely with all major private equity firms in the F&A space. Mergers & Acquisitions Financial Advisory & Solutions Full suite of Acquisition Finance advisory services Pending Pending Pending 2021 Markets Paine Schwartz Lineage/ QAF Limited Bridgepoint Trade & Commodity Finance and financial Partners Bay Grove Sale of Verisem Acquisition of Sale of Rivalea to JBS for Acquisition of Sun World Value Chain Finance to Syngenta Kloosterboer by an Enterprise Value of International Lineage/Bay Grove A$157m Corporate Loan Products products 2021 2021 2021 2021 Renewable Energy Project Rabobank’s Wholesale Banking division Finance provides large food and agribusiness corporates, Sustainability-Linked Products commodity traders, private equity firms, Richardson Vivera Malayan Sofina renewable energy developers and sponsors, International Flour Mills Foods Inc. F&A Startup Innovation Acquisition of Sale of Vivera to JBS Financial advisor to MFM for its Acquisition of Eight Fifty emerging growth companies and financial Italgrani USA strategic partnership with Tyson Food Group and sale of 49% stake in its RaboResearch institutions with market-leading solutions. poultry business Any securities-related business is provided by Rabo Securities USA, Inc., which is a member of the SIPC and FINRA. 06 | Rabobank Wholesale Banking Wholesale Banking Rabobank | 07 2021 2021 2021 2021 Acquisition Farm Inputs Private Equity Sprague HP Terold Holdings, LLC Finance Company Sponsor $1 billion Repurchase Facility $82 million Senior Secured PIK $160 million Secured Holdco Secured Holdco Term Loan Flexible Working Capital Solution Term Loan Term Loan Acquisition Facility Sole Arranger, Minority Interest Acquisition Acquisition Facility Sole Arranger, Agent Rabobank’s Acquisition Finance team works with Agent and Lender Sole Arranger, Agent and Lender Sole Arranger, Agent and Lender and Lender Full-suite service offering ranging from strategic advice to financial sponsors and private equity firms in the 2020 2020 2020 2020 arrangements, leveraged origination, structuring, execution, and management buyouts and underwriting of event-driven financings. In tandem with our M&A, Innovative idea generation Sponsor Coverage and Capital Markets groups, we work QSR Kings & Convicts Sollio Groupe NBM US Holdings, Inc. through collaboration with Brewing Co. Coopératif $500 million Secured Company with top-tier financial sponsors throughout the merger M&A, Sponsor Coverage and $28 million RCF & Term Loan C$50 million Preferred Shares HoldCo Term Loan $72 million Delayed Draw Facility and acquisition process to provide optimal debt Structured Acquisition Financing Refinance Acquisition Refinance Acquisition Emergency Pandemic Facility RaboResearch Sole Arranger, Bridge Loan Bridge Loan Sole Arranger, Agent and Lender Investor Arranger, Agent and Lender Agent and Lender structures and syndication services to support our clients’ Intimate access to every key ambitions. Rabobank’s long-term approach is reflected private equity investor in the by our many ‘final hold’ positions, where we hold to F&A space including 200+ financial sponsors maturity significant amounts of the debt issued by clients. Financial Advisory & Solutions Financial Advisory & Solutions (FAS) is our center of Center of financial innovation 2021 2021 2021 2021 financial innovation. We create unique solutions to meet clients’ needs where existing banking products do not Capital structuring advice sufficiently address them. Our capabilities include junior Crown Custom Made Protein for Pets Duravant Tailor-made product Bakeries Meals capital for acquisitions and expansions, short-term liquidity agnostic solutions Incremental Term Loan LBO $128 million Senior Secured Incremental Term Loan Refinancing $198 million Senior Secured Credit Facillities $108 million Senior $930 million First and Second solutions and those that address specific balance sheet and Credit Facilities Sole Arranger Secured Credit Facillities Lien Credit Facillities Multi-disciplinary experts Participant Sole Bookrunner, Admin Agent Documentation Agent Participant capital management needs, and tax-efficient financings. We advise clients on optimizing their capital structure and 2021 2021 2021 2020 managing their liquidity and credit ratings impact under both
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