Agriculture Firm ETG Tests Demand for Bond Amid Market Turmoil

ETG Group, which operates agricultural businesses across Africa, is sounding out investors for its first international bond sale, testing demand at a tumultuous time for the sector.

The company, which counts Mitsui & Co. as an investor, has been meeting with fund managers to gauge appetite for a dollar bond, according to people familiar with the matter, who asked not to be identified discussing private information. The meetings were organized by Standard Chartered Plc, they added.