Agrosuper mulls market options for AquaChile purchase

Agrosuper mulls market options for AquaChile purchase

Corporate & Sovereign Strategy Chile

Chilean food producer Agrosuper is exploring potential bank debt options or an equity sale to fund its recent purchase of AquaChile, a deal that could swell above $850m. Agrosuper's board agreed to fund half the takeover of the local salmon producer, while a debt and equity mix will likely take care of the rest, according to Agrosuper CFO Luis Felipe Fenzalida. In a move aimed at gaining greater access to the Patagonia region, AquaChile snapped up competing salmon producer Salmones Magallanes fo

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