Frigorifico Concepcion Unit Issues First Bolivia Bond for $15.3M

March 21, 2024, 1:09 PM UTC

A subsidiary of Paraguayan meatpacker Frigorifico Concepcion SA made its first bond issuance on Bolivia’s stock exchange for 106.9 million bolivianos ($15.3 million), the company said in an email statement.

  • The three-year bond was sold at an interest rate of 6.194%
  • The proceeds will be allocated to working capital
  • NOTE: Frigorifico Concepcion operates meatpacking plants in Brazil, Paraguay and Bolivia

To contact the reporter on this story:
Ken Parks in Montevideo at kparks8@bloomberg.net

To contact the editors responsible for this story:
Crayton Harrison at tharrison5@bloomberg.net

Rachel Gamarski

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