February 11, 2020 |
Argentine agribusiness company Vicentín filed for protection from creditors on Monday as the country's financial crisis makes it harder to keep on top of payments for $1.3 billion in debt, much of which was taken on during an ambitious expansion plan.
Vicentín, the country's largest exporter of soybean meal and oil, made the request to a court in its home city of Santa Fe, according to a company statement reported by the local press. Vicentín, which did not respond for requests for more informat
Argentine agribusiness seeks protection to restructure $1.3 bln in debt