Aeropuertos Bonds Seen Taking Off

Aeropuertos Bonds Seen Taking Off

Argentina

The 2020 bond from Aeorpuertos Argentina 2000 sold Wednesday should have at least 2.4 points of upside, Barclays says in a report. The shop notes the bonds hit 104.5 in secondary trading Thursday afternoon, after initially selling at par, implying a yield of 9.75%, in from 10.75%. “Given that most high-yield Argentine straight corporates trade at much tighter levels, with longer tenors and no structural enhancements, we believe there is still substantial potential for appreciation at current lev

Already have an account?

Free trial

Take a free two-week trial now for the latest news, data and market analysis.

Free Trial