June 29, 2020 |
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
Argentine food company looks to tap ample liquidity in the local market after a two-part deal in April