Masisa reduces debt to $160mn and diversifies markets in Asia

Masisa reduced its debt from $480 million in June to $160 million to date, thanks to the sale of forestry assets. In June 2020, the company sold forestry assets in Chile for $350 million. The company also plans to expand its presence in Asia, entering markets such as Vietnam, Korea and Japan, as well as maintaining its presence in China.

Source: Diario Financiero