July 31, 2020 |
Aluar Aluminio Argentino, the largest aluminum producer in Argentina, and power generation company MSU Energy sold dollar-linked bonds on the local market at 0% over currency depreciation, the third and fourth companies to get such a low margin in a flurry of sales since May.
Aluar $60 million in the sale of three-year dollar-linked bonds after getting nearly $2 billion in bids, or more than 13 times the $15 million minimum on offer, it said a securities filing.
The aluminum maker sold the maxim
Argentine aluminum producer and power generator are the latest companies to sell 0% notes in the local market