February 19, 2020 |
Tecpetrol and Vista Oil & Gas, two of the largest oil and natural gas producers in Argentina, plan to sell up to $50 million in bonds each, the latest top-tier companies to take advantage of excess peso liquidity and declining borrowing rates to raise funds.
Tecpetrol, a unit of the Argentine-Italian industrial conglomerate Techint, said it would sell two series of one-year bonds in a deal managed by Balanz, Banco Galicia, HSBC and Santander. One of the bonds will be denominated in dollars a
Argentina's top-tier companies take advantage of peso liquidity and lower rates to raise financing