Uruguay buys back bonds

Uruguay buys back bonds

Bonds Uruguay

Uruguay said it has wrapped up a buyback of cross-border bonds, accepting $105m out of a possible $644m in old notes.The country agreed to buy $13.1m in 8% 2022 notes and $29.6m in 4.5% 2024 notes, as well as UYU1.79m ($62m) in 5% 2018 global peso notes. Uruguay did not accept any tenders of its 4.25% 2027 global peso notes.The country had offered bondholders $1,229 for every $1,000 in principal in 2022s and $1,112 for the 2024s. For the peso-denominated notes, the sovereign had offered UYU1,023

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