Ecuador Buyback Could See Diverging Prices: Minister

May 13, 2009

Ecuador’s bond repurchase offer could result in different clearing prices for the 2012 and 2030 maturities, says finance minister Maria Elsa Viteri. Final clearing prices will be confirmed on or around May 26, the minister says, with the 2012’s minimum clearing level adjusted by a “pool factor” resulting from partial redemption of the...

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