Sovereign issuer adds $4bn to its local law bond and could tap another currency before year-end, sources say
Category: Argentina
LatAm corporates’ credit quality on the up
Companies are supported by more stable economies, increased commodity prices and deleveraging initiatives
Leads finalize syndication on GE, YPF loan
Citi, Credit Suisse and Export Development Canada bring six banks into the $220m facility, sources say
Andes Energia picks up Argentine oil company
Oil and gas explorer agrees to pay the equivalent of $1.75bn in shares for Petrolera El Trebol to Swiss trader Mercuria
PMI postpones capital increase
Canadian oil and gas explorer delays plans to raise $200m for investments in Argentina
Argentina holds rates
Central bank keeps the benchmark at 26.25% and says it will maintain a “clear anti-inflationary bias”
Adventus eyes LatAm acquisitions
Canadian minerals company seeks to explore zinc-rich areas in Argentina, Bolivia and Peru, CEO says
Ternium gets acquisition financing
Argentine steel business receives a $1.5bn loan from 14 banks to buy a Brazilian plant
LatAm issuers boost high-yield bond sales in H1
Petrobras’ $4bn retap makes up almost two-thirds of sub-investment grade volumes in Q2 this year, according to Moody’s
IRSA drops follow-on
Argentine property developer postpones a share sale indefinitely due to a weak peso and poor market conditions
