CAMPOSOL S.A. SUCCESSFULLY REOPENS ITS 9.875% USD 125 MM SENIOR NOTES DUE 2017
Reference is made to the announcement from Camposol Holding Ltd dated 16 April
Camposol S.A. has successfully reopened its 9.875% USD 125 million senior notes
due 2017 raising gross proceeds of USD 75 million, which will be guaranteed by
Camposol Holding Ltd as parent guarantor and Marinazul S.A. and Campoinca S.A.
as subsidiary guarantors.Â Settlement of the proposed bond issue is scheduled
for April 30(th), 2014.Â The net proceeds from the bond issue will be used for
capital expenditures, mainly for the expansion of the blueberries'Â and
The Notes will be issued as additional notes of, and will form a single issue
with, the USD 125 million 9.875% Notes due 2017 issued on February 2, 2012. Â The
total aggregate principal amount of the 9.875% notes due 2017 that will be
outstanding following this reopening will be USD 200 million.
"We are delighted to announce the reopening of our bonds, raising gross proceeds
of USD 75 million which together with the USD 125 million issued in 2012 now
total USD 200 million outstanding senior notes due 2017.Â These proceeds will
allow Camposol to consolidate the company's next growth stage based upon the
blueberries'Â and shrimps'Â business units," says Maria Cristina Couturier, Chief
Financial Officer of Camposol S.A.
For further information, please contact:
Maria Cristina Couturier, CFO
Maria Elena Olmos, Head of Investor Relations
CAMPOSOL is the leading agro industrial company in Peru, the largest exporter of
asparagus and soon the first producer of avocadoes in the world. It is involved
in the harvest, processing and marketing of high quality agricultural products
such as avocadoes, asparagus, blueberries, grapes, mangoes, peppers, artichokes,
tangerines and shrimps; which are exported to Europe, the United States of
America and Asia.
CAMPOSOL is a vertically integrated company located in Peru, offering fresh,
preserved and frozen products. It is the third largest employer of the country,
with more than 11 thousand workers in high season, and is committed to support
sustainable development through a social responsibility policy and projects that
increases the shared-value for all of its stakeholders.
CAMPOSOL was the first Peruvian agro industrial company to present annual
audited Sustainability Reports and has achieved the following international
certifications: BSCI, Global Gap, IFS, HACCP and BRC among others.
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Source: Camposol Holding Limited via GlobeNewswire