Adecoagro S.A. (NYSE: AGRO) announced the pricing of its debt offering, involving the issuance of $500,000,000 in aggregate principal amount of 7.500% Senior Notes due 2032. The Notes will be issued at a price of 100.00% and are set to mature on July 29, 2032. These Senior Notes will be guaranteed on a senior unsecured basis by certain subsidiaries of the company. The offering targets qualified institutional buyers through a private placement under Rule 144A and non-U.S. persons under Regulation S. The settlement is expected on July 29, 2025, contingent on customary closing conditions. The proceeds will be used to fund a tender offer for the company's 6.000% Notes due 2027 and for general corporate purposes.
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