Sugar Producer to Meet Investors

Guatemalan sugar producer and exporter Ingenio Magdalena plans to start fixed-income investor meetings today, according to people familiar with the matter, ahead of what would be a debut international bond. The BB minus/BB minus issuer is visiting London, Boston, New York and Los Angeles and finishing Thursday. Citi and JPMorgan are managing. The borrower was also working on a $100m 3-year, amortizing pre-export finance facility with a group of banks led by Bladex.