NetworkNewsBreaks – Youngevity International, Inc. (NASDAQ: YGYI) Subsidiary Secures Finance and Supply Agreement for 2020 Growing Season
Youngevity International (NASDAQ: YGYI) today announced its wholly owned subsidiary, CLR Roasters, has entered into a finance and supply agreement for the 2020 growing season with H&H Export Y CIA, LTDA, funded by H&H Export's $46,500,000 credit facility. The credit line, which has been established by a Nicaraguan special purpose agency, is for the purchase of up to 49.5 million pounds, or 495,000 Quintals, of green coffee. CLR Roasters provided further collateral totaling a value of $11.1 million to secure the financing arrangement. CLR Roasters intends to process the green coffee beans for the 2020 growing season at its new,…







