Amaggi hits Lat Am sweet spot with sustainability bond

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Amaggi hits Lat Am sweet spot with sustainability bond

Amaggi, Andre Maggi, Brazil, soybean, soy, soya, agribusiness, agriculture, commodities, LatAm, 575
Mato Grosso, Brazil, March 02, 2008: Mass soybean harvesting at a farm in Campo Verde | Alf Ribeiro/AlfRibeiro - stock.adobe.com

Bond bankers said that Brazilian agribusiness company André Maggi (Amaggi) was the ideal credit for the market’s current tastes as the borrower notched a hefty oversubscription and tightening for a debut sustainability bond on Thursday. A tier two deal from Brazilian lender Banrisul confirmed that high yield appetite in Lat Am remained robust.

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