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News19 June 2019 10:45

Oaktree Capital Management joins Trans-Oil Group as a shareholder

Trans-Oil Group is pleased to announce that Oaktree Capital Management (OCM) has acquired a minority interest in Aragvi Holding International Ltd (the parent company of Trans-Oil Group), thus becoming a shareholder of Trans-Oil Group. Oaktree Capital Management is a leading American global asset management firm specializing in alternative investment (including private equity) with over 120 Billion USD of assets under management.

The new shareholder is expected to significantly increase the Group’s business outreach internationally, as well as to bring the highest standards of corporate governance and effective structures that will strengthen the performance of an important regional agribusiness player.

This is the first corporate investment done by a major US global asset management firm in the Republicof Moldova, which comes after another pioneered success of 300 million USD Eurobond issue in April 2019.

Cristina Pendea 

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