September 8, 2021 |
Argentine agribusiness Cresud said Tuesday it raised $42 million in the sale of three-year dollar-linked bonds in the local market, increasing the size of issue on strong demand.
The company priced the dollar-linked notes to yield 3.5% over currency depreciation after receiving nearly $45 million in orders, three times more than the $15 million minimum amount on offer, it said in a securities filing.
A growing number of companies have tapped Argentina's bond market with dollar-linked bonds as de
Argentine agribusiness raises $42 mln in the sale of dollar-linked bonds as orders reach nearly $45 mln