Camposol culls tender offer

Camposol culls tender offer

Capital Markets Bonds Peru

Camposol said it has terminated a tender offer to purchase any and all of its outstanding 10.5% 2021 bonds after extending the exercise twice in the last two weeks. The Peruvian agribusiness said in a statement that financing conditions had "not been satisfied." The terminated liability management exercise also rules out any possible new bond issuance. Camposol postponed a potential sale in February after market conditions worsened during the company's scheduled investor meetings at the time.

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