Amaggi sells sustainability-linked bonds

Amaggi sells sustainability-linked bonds

Bonds Debt Capital Markets Fixed Income Corporate & Sovereign Strategy Brazil

Brazilian soybean producer André Maggi Participacoes, known as Amaggi, sold $750 worth of seven-year sustainability-linked bonds in the dollar market on Thursday, a source involved in the deal said. The 2028 notes priced at par to yield 5.25%, according to the source.  Cuiabá, Mato Grosso-based opened the deal with the initial price talk in the 5.75% area before setting guidance at 5.375%, plus or minus 12.5 basis points, and launching at 5.25%, the source said. BNP Paribas, Bradesco, Citi, Itaú

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