Cresud to tap flush local market

Cresud to tap flush local market

Corporate & Sovereign Strategy Bonds Debt Fixed Income Capital Markets

Argentine agribusiness Cresud plans to sell at least $15 million in three-year dollar-linked bonds in the local market, likely increasing that amount as high liquidity and investor demand pushes up deal amounts, a company source said Thursday. The company will offer the notes at auction on Monday, according to a securities filing. If the demand is high enough and the conditions beneficial for the company, Cresud will increase the amount to the maximum available in the $500 million global bond pr

Already have an account?

Free trial

Take a free two-week trial now for the latest news, data and market analysis.

Free Trial