June 15, 2022 |
Cresud, a leading agribusiness in Argentina, said it sold $24.4 million in 33-month dollar-denominated bonds in the local market, increasing the amount as investor demand ran above the $20 million minimum for the issue.
The bullet notes were sold at a price to yield 5.5% annual, according to a securities filing. Demand came in at $25.1 million, the company added.
Cresud sold the notes out of a $500 million global bond program at a time when demand is running high for investments in hard currenci
Argentine agribusiness raises $24 mln in a sale of dollar-denominated debt