SLC Prefers Land Sale to Debt

SLC Prefers Land Sale to Debt

Brazil M&A

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. Taking advantage of growing demand for land assets to raise fresh funds, SLC is set to contribute 3 of its 12 farms to the newly created Land vehicle, with land prices having appreciated significantly in

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