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Australis mortgages 15 Chilean salmon farms to BioMar, Vitapro

Chilean farmer Australis Seafoods has pledged its 15 salmon farming centers, valued at $138 million, to the two feed suppliers in exchange for extended payment terms and higher credit limits

By Lewis Hu | Sept. 24, 2024 14:37 BST
Australis Seafoods Chile
Credit: Australis Seafoods
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Chilean farmer Australis Seafoods has pledged its 15 salmon farming centers, valued at $138 million, to feed suppliers BioMar Group and Vitapro in exchange for extended payment terms and higher credit limits [...]

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