Bunge plans filing to explore Brazil sugarcane mill IPO

Bunge plans filing to explore Brazil sugarcane mill IPO

Chamber Articles Category: Agribusiness Post Date: 05/03/18 Source: Reuters By: Tom Polansek
Article Content

CHICAGO, May 2 (Reuters) - Global agricultural trader Bunge Ltd will file in Brazil as soon as this month to explore a public offering for its Brazilian sugarcane milling operations, Chief Executive Soren Schroder said on Wednesday.

Bunge is a major player in the global sugar industry, both as a trader and as a producer. The company has also secured debt financing for the milling business, which could now operate on a standalone basis. Read Full Article