Rosario, Argentina
April 12, 2021
Bioceres Crop Solutions Corp. (“Bioceres” or the “Company”) (NYSE American: BIOX), a fully-integrated global provider of crop productivity solutions designed to enable the transition of agriculture towards carbon neutrality, is pursuing sustainability-linked financing in conjunction with its ESG and sustainability initiative.
Bioceres’ ESG and sustainability initiative is framed under the HB4 Program which combines its core HB4 drought-tolerance technology, and other products from the Company’s portfolio, with good agricultural practices for growers, significantly contributing to the transition of agriculture towards carbon neutrality through increased crop yields, a reduced carbon footprint and improved water-use efficiency.
Vigeo Eiris, an international provider of ESG rating and research for investors and organizations, has been commissioned to provide an independent opinion (Second Party Opinion) on the Company’s Sustainability-Linked framework, and its alignment with the Sustainability-Linked Bond Principles 2020. The Company has also engaged financial advisors to arrange a series of fixed income investors calls.
Under this initiative, and subject to inter alia market conditions, Bioceres intends to obtain proceeds to fund working capital requirements, the roll-out of its HB4 Program, refinance of existing debt, and general corporate purposes.
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