Pan American to sell bonds in high-rate market

Pan American to sell bonds in high-rate market

Bonds Debt Capital Markets Corporate & Sovereign Strategy Fixed Income Energy Gas Argentina

Pan American Energy, the second-largest oil producer in Argentina, plans to sell up to ARS7.2bn ($124m) in one-year bonds in the local market on Thursday in a deal that could attract investors looking for safer returns than government debt instruments, a market source told LatinFinance. Led by Santander and HSBC, Pan American plans to reopen its 2020 notes for at least ARS3.6bn and as much as ARS7.2bn, depending on demand, the company said in a securities filing. Pan American, a 50/50 venture be

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