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Published on 8/13/2020 in the Prospect News Emerging Markets Daily and Prospect News Green Finance Daily.

New Issue: Bioceres’s Rizobacter sells 0% series IV bonds in public offering

Chicago, Aug. 13 – Bioceres Crop Solutions Corp.’s subsidiary, Rizobacter Argentina SA, completed a $17 million offering of 0% series IV corporate bonds due August 2023 in a public offering in the Argentine market, according to a press release.

Proceeds are expected to be used for working capital, to extend debt maturities and reduce financing costs, as well as for general corporate purposes.

The company is a Rosario, Argentina-based provider of crop productivity solutions focused on the transition of agriculture toward carbon neutrality.

Issuer:Rizobacter Argentina SA
IssueSeries IV bonds
Amount:$17 million
Maturity:August 2023
Coupon:0%
Distribution:Public

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