Argentina makes a splash with triple-trancher

Argentina makes a splash with triple-trancher

Debt Bonds Capital Markets Corporate & Sovereign Strategy Fixed Income Argentina

Argentina completed its first transaction of 2018, printing $9bn across three sets of bonds, fulfilling part of the $30bn it needs for 2018, DCM sources said. Citi, Deutsche Bank and HSBC set initial price talk on a $1.75bn 2023 portion in the high 4% area and started talk at 6.25% area for a $4.25bn 2028 tranche, DCM bankers said. A longer-dated $3bn 2048 note came out in the 7% area. At guidance, leads tightened the 2023s to between 4.625% and 4.75%, while the 2028s were moved to the 6% area

Already have an account?

Free trial

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

Free Trial