September 7, 2021 |
San Miguel, the biggest lemon grower in Argentina, said late on Thursday that it sold $50 million in sustainability-linked bonds (SLBs) tied to the US dollar in the local market, the first issue of such a note in the country.
The Famaillá, Tucumán-based company raised more than twice the $20 million minimum on offer, but fell short of the $60 million maximum, according to a securities filing.
The 18-month dollar-linked bonds, which are bought and paid back in pesos at the official wholesale exch
Argentine lemon grower raised $50 mln in bonds with pricing tied to a reduction in greenhouse gas emissions