August 2, 2021 |
Argentine financial trustee Banco de Valores started on Friday to market the sale of units in an up to $85 million financial trust for the Argentine pharmaceutical company Laboratorios Richmond to build a plant for making biotech products, including the Sputnik V COVID-19 vaccine.
The auction will be held August 6 for institutional investors to buy units in the green and social trust, Banco de Valores said in a securities filing on Thursday.
Richmond wants to raise at least $70 million from the
Argentine pharmaceutical company seeks to raise up to $85 mln through a financial trust