Adecoagro S.A. Successfully Prices $500 Million Offering of Senior Notes Due 2032

Adecoagro S.A. Announces $500 Million Senior Notes Pricing

Adecoagro S.A. (NYSE: AGRO), a prominent sustainable production firm in South America, has disclosed the pricing details regarding its latest financial move. The company has successfully priced an offering of $500 million in aggregate principal amount of its 7.500% Senior Notes, scheduled to mature on July 29, 2032. This is a significant step for Adecoagro as it continues to solidify its financial strategy and optimize its capital structure.

The notes will be issued at par value, specifically priced at 100.00%. Noteworthy is that these notes will be guaranteed on a senior unsecured basis by several subsidiaries of Adecoagro. The private placement of these notes is compliant with Rule 144A under the Securities Act of 1933, as amended, and will extend beyond U.S. borders in accordance with Regulation S for non-U.S. individuals.

This offering is expected to settle on July 29, 2025, and the proceeds are allocated for specific strategic financial maneuvers. Primarily, Adecoagro intends to utilize the proceeds to fund a tender offer, which aims to purchase any and all of its 6.000% Notes reaching maturity in 2027. This move highlights the company’s proactive approach to managing its liabilities. Any leftover funds will be designated for general corporate purposes, encompassing capital expenditures and further liability management that aligns with the company's vision for sustainable growth.

While the market awaits the successful consummation of these transactions, it's essential to note that this announcement does not constitute an invitation for purchases or offers to buy these securities in any jurisdiction where such transactions would be considered illegal prior to meeting state securities law requirements. Additionally, the notes in question and their related guarantees will not possess registration under the Securities Act or similar state securities legislation, meaning they are available solely to qualified institutional buyers following Rule 144A and to non-U.S. persons outside of the U.S. as per Regulation S.

About Adecoagro

Adecoagro stands out as a leading figure in sustainable agriculture and renewable energy within South America. With ownership of 210.4 thousand hectares of fertile land and multiple industrial facilities, the company operates in some of the most fertile regions of Argentina, Brazil, and Uruguay. With a diverse portfolio, Adecoagro produces more than 2.8 million tons of agricultural products annually, alongside generating over 1 million MWh of renewable electricity. This robust operational footprint underscores the company's commitment to contributing effectively to the agricultural landscape through sustainable practices.

The Finances Ahead

This proactive financial maneuvering by Adecoagro indicates solid advancements in its treasury management while allowing the company to strategically position itself for future endeavors. As investors eye the performance of these notes and the broader market conditions, Adecoagro's operational strength in producing essential agricultural goods remains crucial in defining its financial health.

In a world increasingly aware of sustainability, Adecoagro not only secures its financial standing through prudent management but also promotes environmentally friendly practices across its operations. By managing its capital effectively, the company not only maintains its competitive edge but also highlights its commitment to sustainable development, which is becoming an ever-important aspect of business in the current climate.

As we move forward, stakeholders will closely monitor the execution of the tender offer and the subsequent impacts on both the company's balance sheet and its operational capabilities. Adecoagro's ability to adapt to market demands and financial fluctuations will be essential in navigating through uncertainties, ensuring its legacy as a leader in sustainable practices within the agricultural sector.

For further inquiries, potential investors and interested parties are encouraged to reach out to Victoria Cabello, the Investor Relations Officer of Adecoagro, for more detailed discussions regarding this offering and its implications for the future.