Deals
Agrium Risk Rises as It Considers Potash Assets: Canada Credit
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The cost to protect Agrium Inc. bonds from default surged on concern that the fertilizer maker may take on more debt to finance the purchase of assets from Potash Corp. of Saskatchewan Inc.
Credit-default swaps on Agrium, North America’s third-largest fertilizer producer by market value, increased 29 basis points to 122.9 basis points in the last 30 days, the biggest gain among the 30 Canadian companies tracked by Bloomberg.