July 15, 2020 |
Ledesma, the largest sugar producer in Argentina, said Tuesday that it plans to sell two peso-denominated bonds for up to ARS1.5 billion ($21.1 million) to fund the upcoming harvest and refinance debts.
The company, which also makes ethanol, paper and food products, said it will offer the six- and 12-month notes at auction on Wednesday, working with Santander, Banco Galicia, Banco Macro and Balanz Capital as bookrunners.
The six-month notes will pay a fixed rate of interest, while the one-year b
Argentina's largest sugar producer plans a two-part deal in the local market to refinance debt and fund the upcoming harvest