Ecuador preps bond sale

Ecuador preps bond sale


Ecuador is set to tap the international bond market for the first time since its 2008 default and plans to sell around $700m, leftist president Rafael Correa said in an interview on Sunday. The sovereign has long hinted that it was considering a return to the international capital markets, but this is the first official comment on the size of the deal. “We’ll do a transaction in the international market this year… I think it will be of $700m in bonds,” Correa said in the interview posted on the

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