Solinftec, the Brazilian agricultural-technology firm backed by private equity giant TPG, is selling about 140 million reais ($27 million) of green bonds.
The inflation-linked securities, denominated in local currency, use agricultural receivables from Solinftec as collateral. That makes it possible to offer maturities of up to six years, unusual for a Brazilian company of Solinftec’s size, according to Chief Financial Officer Lais Braido.
