Chicago, Jan. 27 – Amaggi Luxembourg International Sarl sold $750 million of sustainable notes in a debut issue with a 5¼% coupon and a maturity in 2028 (Ba3//BB), according to a company notice.
The notes are guaranteed by Andre Maggi Participacoes SA.
Proceeds will be used to finance a low-carbon economy through projects in line with the company’s socio-environmental policy and global sustainability positioning, as well as with the United Nations’ sustainable development goals.
Marketing was conducted via roadshow and involved more than 200 investors in a Rule 144A and Regulation S offering.
Amaggi is the largest Brazilian grain and fiber company.
| Issuer: | Amaggi Luxembourg International Sarl
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| Guarantor: | Andre Maggi Participacoes SA
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| Amount: | $750 million
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| Maturity: | 2028
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| Securities: | Sustainable notes
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| Coupon: | 5¼%
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| Pricing date: | Jan. 21
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| Announcement date: | Jan. 22
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| Ratings: | Moody’s: Ba3
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| Fitch: BB
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| Distribution: | Rule 144A and Regulation S
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| Marketing: | Roadshow
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