Facing “challenging” liquidity position, Chile’s Nova Austral seeks cash injection

A set of Nova Austral net pens near a snowy mountain coastline.

Punta Arenas, Chile-based salmon farmer Nova Austral, facing scrutiny from environmental regulators over past practices, is also having to deal with another issue: lack of cash.

In response, bond provider Nordic Trustee said Nova Austral has approached it and its bondholders for help with obtaining additional funding ... 

Photo courtesy of Nova Austral

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