Ledesma hops on bond bandwagon

Ledesma hops on bond bandwagon

Bonds Debt Argentina Latin America

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

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