MSU lures bond buyers in local deal

MSU lures bond buyers in local deal

Corporate & Sovereign Strategy Bonds Debt Fixed Income Capital Markets Electricity Argentina

Argentine power generation company MSU Energy said Monday that it raised $30 million in the sale of dollar-denominated bonds in the local market, falling just short of maxing out the deal. The company, which operates three natural gas-fired power plants and has another under construction, started the bidding at $15 million and increased that amount to nearly the $31 million maximum on offer as demand came in at $58 million, according to a securities filing. The two-year bonds priced at a fixed r

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