Home / Daily Briefs / 2017 / Investors buoyed by Uruguay growth

Investors buoyed by Uruguay growth

Investors buoyed by Uruguay growth

June 1, 2017 | Peter Agra
South American sovereign considers $2bn in cross-border bonds this year

Bonds Uruguay

Investors remain buoyed on Uruguay's growth trajectory after reports showed the South American country's growth estimate was increased to 2%. The sovereign issuer has also maintained its plans to print up to $2.05bn in the cross-border bond market, capitalizing on heightened investor interest for its paper, sources told LatinFinance. GDP growth only reached 1.5% last year.S&P Global Ratings affirmed Uruguay's BBB rating and revised its outlook to stable from negative.The rating age

Already have an account?

    Forgot your password?

Free trial

Take a free two-week trial now for the latest news, data and market analysis.

Free Trial