Adecoagro (AGRO) said late Monday it has delivered a notice of redemption for all of its outstanding 6.000% senior notes due 2027, in an aggregate principal amount of $234.9 million, with the redemption scheduled for Oct. 28.

The company said the early redemption is part of its liability management strategy. By redeeming the notes ahead of their original maturity, Adecoagro will eliminate its nearest bond maturity, further improving its debt profile and strengthening its credit quality.

The notes will be redeemed at a redemption price equal to 100% of their principal amount, plus accrued and unpaid interest to, but excluding the redemption date, in the amount of $6.17 on each $1,000 of notes. On and after the redemption date, interest on the notes will stop accruing, the company said.