Abterra, the emerging supply chain manager of resources and minerals in Asia Pacific, says it has secured a $20 million equity line facility from YA Global Masters SPV Ltd, to fund Abterra’s regional growth and working capital needs.

YA Global is managed by Yorkville Advisors, LLC of Jersey City, New Jersey, US. The investment was sourced and advised by Yorkville Advisors HK. Founded in January 2001, Yorkville specialises in providing flexible and cost-effective debt and equity financing to companies worldwide.

Under the terms of the equity line facility, the group has the option to draw up to $250,000 from YA Global at each time, up to a period of two years. This amount can be increased to $1 million with YA Global’s written approval. The group has full discretion to utilise the facility and is not obliged to use the full $20 million that has been made available.