Ecuador preps bond sale

Ecuador preps bond sale

Bonds

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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