Molinos Agro to sell two series of bonds

Molinos Agro to sell two series of bonds

Corporate & Sovereign Strategy Bonds Debt Fixed Income Latin America South America Argentina

Argentine agribusiness Molinos Agro said Tuesday that it plans to raise up to $60 million in the sale of two US dollar-linked notes in the local market. The company will offer a combined minimum of $25 million of the two- and three-year bonds at auction on Friday, increasing the amount based on demand, according to a securities filing. The bonds, which are bought and paid back in pesos, will pay rates of interest to be determined at the auction. The interest rates will be a plus over the depreci

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