Rizobacter joins club of 0% dollar-linked bond sellers

Rizobacter joins club of 0% dollar-linked bond sellers

Bonds Debt Capital Markets Fixed Income Argentina Latin America

Rizobacter Argentina, a maker of microbiology products for crops, said it sold $17 million in three-year dollar-linked bonds, joining a club of companies that have sold dollar-denominated securities at 0% over currency depreciation. The company said bids came in for a total of $67.6 million for the bullet bonds, more than four times the $15 million it had offered at the auction, according to a securities filing late on Wednesday. Rizobacter, a subsidiary of Argentine biotech company Bioceres Cro

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