El Salvador pitches new notes

El Salvador pitches new notes

Bonds Debt Capital Markets Corporate & Sovereign Strategy Economy & Policy Fixed Income El Salvador Central America Europe US

El Salvador could issue $900m in new 30-year notes after it meets investors in Europe and the United States this week, LatinFinance has heard. "They are going to issue this bond to pay for $820m in outstanding euro notes in December," said Ricardo Castaneda, an economist at the Central American economic think tank Icefi. El Salvador's Legislative Assembly, however, has approved the sale of up to $1.3bn in cross-border notes this year, so the upcoming deal could go higher, Castaneda said. Citi an

Already have an account?

Free trial

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

Free Trial