Uruguay Sets Tender Deadline

Uruguay Sets Tender Deadline

Bonds Uruguay

Following Tuesday’s issue of $500m in 2045 bonds, Uruguay will close its exchange offer to bondholders Friday, it says, with results expected Monday. The sovereign did not elect to exercise the greenshoe option to sell up to $50m in additional 2045s during Asian market hours, according to a source familiar with the matter. The new bonds traded down in the secondary Wednesday to around 99.125-99.375, according to investors, after pricing Tuesday at par. In the tender, Uruguay is offering more of

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