Agrosuper Holds Bond until Tuesday

Agrosuper Holds Bond until Tuesday

Chile Bonds

Chilean food products company Agrosuper has pushed back to Tuesday its local bond as various factors conspire to slow down an up to UF5m ($235m) offering that was expected today. Fallout from the La Polar scandal has generally lengthened the time it takes investors to get credit approval, but recent accusations of poultry price collusion against Agrosuper and others haven’t helped either. Indeed the news could costs the borrower a few basis points even though any fine is likely to be comparative

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