July 8, 2022 |
Alpina Productos Alimenticios, the largest dairy producer in Colombia, is preparing to raise up to COP360 billion ($82 million) in the local bond market, according to Fitch Ratings.
Fitch said in a report it assigned the bond issue a AAA(col) rating with a stable outlook.
The rating agency said it expects Alpina's geographic and sectorial diversification to strengthen its business profile. Alpina is a competitive company in Colombia's food industry with a solid distribution network and a wide va
Colombia's largest dairy producer could raise up to $82 mln in its home market, according to Fitch