Arendt & Medernach advised as banks’ counsel on NYSE listed Adecoagro S.A.’s underwritten offering of common shares

Experts involved in the Deal

Arendt & Medernach has acted as legal advisor to the underwriters of the underwritten offering of common shares by Adecoagro S.A. (Adecoagro) which is a leading sustainable production company in South America and listed on the New York Stock Exchange (AGRO).

Adecoagro has sold 41,379,311 common shares at a price per share to the public of U.S.$7.25, resulting in gross proceeds of approximately U.S.$300,000,000. In connection with the offering, Adecoagro has granted the underwriters an option for a period of 30 days to purchase an additional 1,111,035 common shares.

J.P. Morgan and BofA Securities were acting as global coordinators and joint book-running managers for the offering. BTG Pactual, Citigroup and Itaú BBA were acting as joint book-running managers for the offering.

Adecoagro owns 210.4 thousand hectares of farmland, and several industrial facilities spread across the most productive regions of Argentina, Brazil and Uruguay, where it produces over 3.1 million tons of agricultural products and over 1 million MWh of renewable electricity.