Vista snares demand in local debt sale

Vista snares demand in local debt sale

Corporate & Sovereign Strategy Bonds Debt Fixed Income Latin America South America Argentina Gas Oil Telecoms

Vista Oil & Gas, the third-biggest oil producer in Argentina, said Monday that it raised $49.6 million from a two-part bond deal in the local market, surpassing the $30 million minimum on offer thanks to high demand for the notes linked to inflation and the depreciation of the Argentine peso against the US dollar. The company sold $42.4 million in 36-month dollar-linked notes, with demand totaling $46.4 million, according to a securities filing. The notes were sold at a price to pay 4.25% ov

Already have an account?

Free trial

Take a free two-week trial now for the latest news, data and market analysis.

Free Trial