Cordoba Nets $100m in Bond Sale

Cordoba Nets $100m in Bond Sale

Argentina

Argentina’s Cordoba province has sold $97m in 12% 2017 bonds at the close of its offering period, and expects to place most of the remaining part of its $150m issue with international investors. “Interest was received from foreign investors for approximately $50m, which couldn’t be completed for lack of time to comply with regulations,” says the bank. Therefore, the bank – which planned to keep approximately $70m on its books to trade in the secondary market – will release part of this amount to

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