Vicentín files for bankruptcy

Vicentín files for bankruptcy

Asset Management Bonds Debt Capital Markets Corporate & Sovereign Strategy Economy & Policy Fixed Income Argentina

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

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