Vista lowers rates on latest bond deal

Vista lowers rates on latest bond deal

Asset Management Bonds Debt Capital Markets Corporate & Sovereign Strategy Economy & Policy Fixed Income Funds Argentina

Vista Oil & Gas sold $50 million worth of dollar-denominated notes in Argentina at a lower-than-expected interest rate of 3.5%, a sign of the demand for local corporate bonds as the government sets out to restructure more than $100 billion in debt over the next few months. The Mexico-listed company received more than $73 million in orders for the four-year notes, which allowed it to lower the fixed interest rate to below recent issues in the Argentine bond market, according to a securities f

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