May 15, 2013
Argentina's Mendoza province is planning to price $50m-$150m in domestic bo
Argentina's Mendoza province is planning to price $50m-$150m in domestic bonds as soon as early next week, according to local DCM sources. The province is heard looking at 3-year funding with an interest rate around 3%. HSBC, Galicia and Banco Macro are managing. Last year, the Mendoza province postponed plans to issue up to $350m in the international bond market, instead opting for domestic bank loans.