CAMPOSOL S.A. SUCCESSFULLY REOPENS ITS 9.875% USD 125 MM SENIOR NOTES DUE 2017
April 25 2014 - 1:57AM
Reference is made to the
announcement from Camposol Holding Ltd dated 16 April 2014.
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. Settlement of the
proposed bond issue is scheduled for April 30th,
2014. The net proceeds from the bond issue will be used for
capital expenditures, mainly for the expansion of the
blueberries' and shrimps' businesses.
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. 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. These proceeds will allow Camposol to
consolidate the company's next growth stage based upon the
blueberries' and shrimps' business units," says Maria
Cristina Couturier, Chief Financial Officer of Camposol S.A.
For further
information, please contact:
Maria Cristina Couturier,
CFO
mcouturier@camposol.com.pe
Maria Elena Olmos, Head of
Investor Relations
molmos@camposol.com.pe
About
CAMPOSOL
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.
This
announcement is distributed by NASDAQ OMX Corporate Solutions on
behalf of NASDAQ OMX Corporate Solutions clients.
The issuer of this announcement warrants that they are solely
responsible for the content, accuracy and originality of the
information contained therein.
Source: Camposol Holding Limited via Globenewswire
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