Vicentín presses on with restructuring

Vicentín presses on with restructuring

Corporate & Sovereign Strategy Debt Loans M&A Latin America South America Argentina

Vicentín, one of the biggest agribusinesses in Argentina, said it is working on an offer to restructure more than $1.3 billion in debt after receiving a proposal from some of its creditors. "The company is in the middle of the co-construction stage of an ambitious proposal that includes all creditors and can count on their majority approval," the company said in a statement late on Wednesday. Vicentín did not provide details of the proposal. The company issued the statement a day after a number

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