Sovereign raised $1 billion in the deal to cover upcoming bond payments, its first such deal in nearly eight years
Category: Corporate & Sovereign Strategy
Posted inDaily Brief
Argentina seeks $1 billion in local bond sale
Sovereign is also shooting for a low interest rate as it aims to rebuild investor confidence
Posted inDaily Brief
Buenos Aires pitches new global bond
Argentina’s capital city follows a slew of corporates to the cross-border market after aborting a deal last year due to high rates
Posted inDaily Brief
Buenos Aires province to seek financing
Argentina’s biggest province says it needs funds to shore up its finances and help its struggling municipalities
Posted inDaily Brief
Bolivia faces high risk of default: Moody’s
Incoming government must reduce the fiscal deficit and rebuild international reserves, credit rating agency says
Posted inDaily Brief
Weak dollar to keep fueling LatAm bond rush —analysts
Declining interest rates and inflation also a boon, but a slowing US economy poses a big threat
Posted inDaily Brief
Argentine issuers take advantage of dollar demand
Arcor, Mercado Pago, YPF Luz and others price short-term bonds at low yields as investors seek refuge in political storm
Posted inDaily Brief
LatAm issuers raise $5.25 in cross-border deals
Republic of Colombia, Metro de Santiago, and Bladex each tapped a different bond market on Wednesday
Posted inDaily Brief
Celulosa files for bankruptcy
Argentine papermaker seeks protection from creditors after failing to restructure its bonds or find new investors
Posted inDaily Brief
Argentine corporates hit with higher borrowing costs
An overvalued currency, a surge in political risk and higher local interest rates are even making it dearer to raise funds in pesos and dollars