San Miguel preps third SLB sale

San Miguel preps third SLB sale

Bonds Debt Fixed Income Capital Markets Argentina Sustainability-Linked Sustainability Bonds

San Miguel, the largest lemon grower in Argentina, said it plans to issue up to $50 million in sustainability-linked bonds (SLBs) tied to the US dollar on Thursday, returning to the local market after maxing out its second SLB sale in January. The Famaillá, Tucumán-based company said it will offer at least $15 million worth of two-year bullet bonds, adding that it could increase the amount based on demand at the auction, according to a securities filing. The proceeds will be used for working cap

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