Molinos Rio de la Plata S.A. (Molinos), based in Argentina, is expected to close on a $155 million export receivables deal this month.

Molinos, Argentina's largest branded food product company, has received a preliminary rating of BBB- from Fitch. The deal, led by Chase, will pierce the sovereign ceiling, despite the current political and economic hardships the country is presently enduring. According to Fitch, offshore cash flows and the structure of the deal boosted the transaction's ratings.

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