Arcor announces next bond sale

Arcor announces next bond sale

Bonds Debt Capital Markets Fixed Income Argentina Latin America

Argentine food processing company Arcor said Friday that its board of directors has approved plans to sell bonds in the local market, a latest firm to seek to capitalize on ample liquidity. The company did not provide details of its plans in a brief securities filing. In April, Arcor, the world's largest producer of hard candies, raised what was then the equivalent of $41.7 million with the sale of ARS1.1 billion worth of six-month notes at 425 basis points over Badlar, a local reference rate fo

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