April 16, 2018 |
Banco de la Ciudad de Buenos Aires has started international investor meetings this week for a potential six-year $500m equivalent peso-denominated bond, sources have confirmed.
HSBC and Nomura hit the road in Buenos Aires last Friday, and today the pair have split teams in New York and London. On Tuesday, the Argentine bank will meet more accounts in New York and Boston.
The 2024 notes will likely be payable in dollars, despite being ARS-denominated, one DCM banker said.
Fitch Ratings rated the
Argentine financial institution selects HSBC and Nomura to run a global-local peso transaction