Alpina lines up local bonds

Alpina lines up local bonds

Bonds Debt Credit Ratings Fitch Ratings Fixed Income Capital Markets Colombia

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

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