January 10, 2022
Chilean food producer Agrosuper is looking to issue up to $500 million worth of dollar-denominated bonds in the international market, according to reports from rating agencies.
Agrosuper will use the proceeds to refinance existing debt and to cover general corporate purposes, Moody's and Fitch Ratings said in separate reports on Friday.
Moody's assigned the notes a first-time Ba1 rating while Fitch gave them a BBB-, based on Agrosuper's diversified revenue sources and "solid business profile" in
Chilean food producer could raise up to $500 mln to pay off debt and fund its business plans