• The placement rate was 2.49% for a term of 24 months.
  • Total demand was USD 41 million.


Buenos Aires, June 11, 2021 – Profertil S.A. announced today the result of its first placement of Class 1 Negotiable Bonds in the local market. The issuance amounted to USD 25 million, although the strong interest it generated drove demand to USD 41 million. They were placed through the dollar Link instrument, at a rate of 2.49%, with a maturity of 24 months.

The company had planned to issue USD 20 million but the high interest and demand from investors allowed it to expand the placement to USD 25 million. This amount will be used for projects aimed at increasing fertilizer production, providing the company with working capital and strengthening the sustainability of its production complex.

“In a world in constant growth, Profertil’s commitment to sustainable production for food generation is a guideline under which it has been operating for more than 20 years,” said Federico Veller, general manager of the company.  And he added: “This moment is a milestone of great relevance for our company, which for the first time is issuing negotiable bonds. It is the result of the efforts of a great team that has been working seriously, transparently and committedly for decades. As a national company, it makes us feel deeply proud.”

Details of the issuance:

  • Number of orders received: 174
  • Amount of the orders received: USD 41,000,000
  • Issuance nominal value: USD 25,000,000
  • Interest rate of the negotiable bonds: 2.49%

The banks and financial institutions that participated as placement agents were Banco Santander, Banco Galicia, Banco de la Provincia de Buenos Aires and SBS Trading.

Investor information is available at https://www.profertil.com.ar/index.php/inversores/situacion-financiera-y-novedades/