Bioceres obtained financing for $15 million and improved its credit rating

Rizobacter, an Argentine agricultural microbiology company and subsidiary of Bioceres, a provider of crop productivity solutions, obtained $15 million in Series III Negotiable Obligations (ON) with an 18-month term and a nominal annual interest rate of 4.73%. It was one of the few companies that obtained an improvement in its credit rating based on excellent financial performance. The company has grown in sales, not only in Argentina but also internationally.