February 10, 2020 |
Argentina's Petroquímica Comodoro Rivadavia (PCR) said it plans to raise up to $60 million from the sale of three series of one-year bonds, looking to refinance debt and secure finding for its cement, oil and renewable energy businesses. The company said it will offer an initial $10 million in bonds at an auction on February 12, but it added that it will increase the amount depending on demand.
Two series of notes will be denominated in dollars and pay a fixed rate of interest to be determined a
Argentine energy company aims to raise up to $60 mln to pay off debt and fund its cement, oil and renewable energy businesses