TheFrench commodities giant said in a statement that the unrated inaugural fiveyear bond carries a coupon of 3.875%.

The net proceeds of the offering will be used for generalcorporate purposes and investments, in accordance with the company’s long-termgrowth strategy.

“This move will strengthen the financial position of Louis DreyfusCommodities by extending the maturity of the company’s debt, diversifying oursources of financing and increasing our long-term commitment,” said chiefexecutive Ciro Echesortu.

This