Transaction

Indigo Ag - Series F (convertible equity, January)

Terms

Announced: 6 Jan 2020
Instrument: Equity
Amount: US$175mReported as US$175m convertible equity (the US$25m debt leg is DEBT-032)
Source: indigoag.com

Project developer: Indigo Ag
Country: United States
Capital providers: Capital providers and the amount counted for each
Party Role Amount Basis
FedEx Investor US$175m Sole provider: the whole transaction

Capital providers and the amount counted for each
Party	Role	Amount	Basis
FedEx	Investor	US$175m	Sole provider: the whole transaction

: US$175m of convertible equity alongside the US$25m debt at DEBT-032. The August 2020 release counts it within "total Series F preferred financing" of US$535m, so it is treated as converted into Series F preferred equity. New investor FedEx; existing investors unnamed.

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