Cresud lines up dollar-linked bond sale

Cresud lines up dollar-linked bond sale

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

Cresud, one of Argentina’s largest agriculture companies, said on Friday it plans to raise up to $200 million in the sale of dollar-linked bonds, seeking to tap demand for dollars on expectations of a sharp depreciation of the peso. The company will offer an initial $15 million worth of the 18-month US dollar-denominated notes at auction on June 3, expanding the amount depending on demand, according to a securities filing.  The bullet bonds will pay a fixed rate of interest to be determined in

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