Adecoagro S A Stock Price, News & Analysis

Adecoagro (NYSE:AGRO) has announced the completion of its cash tender offer for its 6.000% Notes due 2027. The tender offer, which expired on July 24, 2025, resulted in US$150,927,000 (approximately 36.31%) of the outstanding notes being validly tendered and not withdrawn.

Holders who validly tendered their notes will receive US$1,000.00 per US$1,000.00 principal amount, plus accrued interest. The settlement is expected on July 29, 2025. Following the tender offer, US$264,717,000 in principal amount of the 2027 Notes will remain outstanding.

The company plans to finance the tender offer through proceeds from a new U.S. Dollar-denominated notes offering, with any remaining proceeds potentially being used to redeem or purchase outstanding notes through various means.

Adecoagro (NYSE:AGRO) has announced the pricing of $500 million Senior Notes due 2032 with a 7.500% interest rate. The Notes will be issued at 100.00% of face value and will mature on July 29, 2032, backed by senior unsecured guarantees from certain company subsidiaries.

The private placement is being offered to qualified institutional buyers under Rule 144A and to non-U.S. persons under Regulation S. Settlement is expected on July 29, 2025. The proceeds will primarily fund a tender offer for the company's existing 6.000% Notes due 2027, with any remainder allocated to general corporate purposes, including capital expenditures and liability management.

Adecoagro (NYSE:AGRO) has announced plans to offer senior unsecured notes through a private placement to qualified institutional buyers. The offering will be conducted under Rule 144A and Regulation S of the Securities Act, with notes guaranteed by certain company subsidiaries.

The proceeds will be primarily used to fund a tender offer for the company's existing 6.000% Notes due 2027, with any remaining funds allocated to general corporate purposes, including capital expenditures and liability management. The final pricing and terms of the notes will depend on market conditions.

Adecoagro (NYSE:AGRO) has launched a cash tender offer for all outstanding 6.000% Notes due 2027. The company is offering US$1,000.00 per US$1,000.00 principal amount for the notes, which have an outstanding balance of US$415,644,000.

The tender offer expires on July 24, 2025, at 5:00 p.m. New York City time. Settlement is expected around July 29, 2025. The company plans to finance the tender offer through a new notes offering and intends to redeem any remaining 2027 notes after the expiration date.

Holders who tender their notes will receive the consideration plus accrued and unpaid interest. The tender offer is contingent upon the successful pricing and receipt of proceeds from the new notes offering.

Adecoagro (NYSE:AGRO), a South American sustainable production company, has signed an MoU with Tether Holdings to explore bitcoin mining powered by renewable energy in Brazil. The collaboration aims to monetize Adecoagro's surplus energy from its 230 MW renewable energy capacity.

The strategic partnership will leverage Tether's Mining OS platform and expertise in the bitcoin ecosystem, while allowing Adecoagro to stabilize energy pricing and gain bitcoin exposure. The project represents a convergence of agriculture, energy, and blockchain technology, with potential benefits for grid stability and financial inclusion.

Adecoagro (NYSE: AGRO) reported its Q1 2025 financial results, with Adjusted EBITDA reaching $35.9 million, down 60.1% year-over-year. Gross sales increased 27.5% driven by higher ethanol volumes. The company's Sugar, Ethanol & Energy business saw Adjusted EBITDA of $29.9 million, declining 42.4% YoY due to lower crushing volumes and biological asset losses. The Farming business recorded Adjusted EBITDA of $16.6 million, down 62.2% YoY. Notably, Tether Investments acquired a 70% stake in Adecoagro at $12.41 per share. The company committed $45.2 million to shareholder distributions, including $35 million in cash dividends and $10.2 million in share repurchases, as part of its minimum 40% distribution policy of prior year's Adjusted Free Cash Flow.

Adecoagro announces major board restructuring following Tether Investments' acquisition of a 70% stake in the company. Five board members have resigned, including Ana Cristina Russo and Guillaume van der Linden, making way for new appointments led by Juan José Sartori Piñeyro as Executive Chairman.

The new nine-member board includes fresh appointments: Christian De Prati, Andres Larriera, Kyril Robert Leonid Louis-Dreyfus, and Oscar Alejandro León Bentancor, joining existing members like CEO Mariano Bosch. The board will operate through five committees: Strategy, Risk & Commercial, ESG, Talent & Compensation, and Audit.

CEO Mariano Bosch expressed gratitude to departing members and welcomed the new leadership, emphasizing Tether's support in driving future growth. The changes will be formally approved at the General Shareholders' Meeting on June 6, 2025.

Adecoagro (NYSE: AGRO), a leading sustainable production company in South America, has announced the filing of its Form 20-F for the fiscal year ended December 31, 2024, with the Securities and Exchange Commission (SEC).

The company has made the document accessible through both the SEC's website and the Investors section of Adecoagro's corporate website. Shareholders can request free hard copies of the audited financial statements or the complete 2024 Form 20-F by contacting the investor relations team.

Adecoagro (NYSE: AGRO) has entered into a Transaction Agreement with Tether Investments, where Tether will initiate a tender offer to acquire up to 49,596,510 Common Shares at $12.41 per share, aiming to reach approximately 70% ownership of the company.

The transaction, unanimously approved by Adecoagro's Board of Directors, requires a minimum threshold of 51% ownership on a fully diluted basis. Mariano Bosch, Co-Founder and CEO, expressed enthusiasm about partnering with Tether, highlighting the company's focus on technology adoption across its food and renewable energy production segments.

The agreement includes a management retention plan and maintains partial continuity of the current Board while introducing new directors. CEO Paolo Ardoino emphasized Tether's commitment to investing in sustainable companies impacting real-world economies.