Argie Issuers Pull/Postpone USD Bonds

Argie Issuers Pull/Postpone USD Bonds

Argentina

Argentine investors hoping to pick up dollar-denominate fixed income assets will have to wait a bit longer, with the Province of Cordoba facing delays and Aluminum maker Aluar deciding to pull a deal. The province of Cordoba plans to continue marketing a $150m USD-denominated bond following regulatory approval, according to a manager on the deal, which is expected this month. It had been expecting to issue this week. The province is offering $150m in 12% 2017 notes denominated in USD but payable

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