Marfrig lifts cashflow forecast as BNDESPar rolls debenture

Jan 6, 2014

Brazilian meatpacker Marfrig said Friday that free cash flow could be as much as BRL100m ($42m) this year after it agreed with the country’s development bank to roll a convertible debenture into...

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“The crisis has been a setback for reserve diversification."

Jan Dehn, Ashmore Investment Management