It involves the maturity of a negotiable obligation issued for an amount of US$5.07 million; it aims for a longer term and a better rate based on a grace period; in the market it is discounted that there is an advanced understanding.
원본 콘텐츠
The firm Rizobacter, one of the main agricultural input companies and a reference in agricultural microbiology, is in advanced negotiations, according to market sources, with holders of simple obligations to postpone a payment due next Tuesday. It involves just over US$5 million – an amount whose actual payment, according to informed sources, should be lower, at US$3.8 million. To change the deadline, it is currently in talks using a grace period of 30 days contained in the issuance document. The market considered this negotiation process to be common. According to reports accessed by LA NACION, the company has a debt with the financial system of $52,079,570,000. The news was reported today to the National Securities Commission (CNV) in a letter signed by Gerónimo Watson, president of the company now controlled by Bioceres Crop Solutions (Biox). "I have the pleasure of addressing you in my capacity as President of the Board and legal representative of Rizobacter Argentina SA (the ...