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SLC Prefers Land Sale to Debt

Oct 6, 2011

SLC Agricola is in discussions with Brazilian and European funds to sell stakes in its farmland, says an SLC Agricola finance official, noting it is a cheaper way to raise funds than borrowing. The Brazilian agribusiness company is looking to sell 49% of its Land Co. subsidiary, valued at $250m....

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The most pressing issue is related to guaranteeing this growth of the system, the savings. We have to guarantee that this growth is followed by better asset managers on the side of the Afores.

Carlos Ramírez, Mexico’s pension regulator, Consar


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