Frigorífico Concepción sets IPTs on 2025 tap

Frigorífico Concepción sets IPTs on 2025 tap

Bonds Debt Capital Markets Corporate & Sovereign Strategy Fixed Income Paraguay

Paraguayan meat company Frigorífico Concepción has set the initial price talk in the 11% area for a tap of its 10.25% 2025 bonds, looking to price the dollar-denominated notes early next week, according to a source familiar with the deal. The company issued $100 million in 2025 notes in January, becoming the first meatpacker from Paraguay to sell bonds in the international market, and it got permission from bondholders last month to reopen the notes and use the proceeds as collateral. Frigorífic

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