Pan American bags funds in three-part deal

Pan American bags funds in three-part deal

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

Pan American Energy (PAE), the second largest oil producer in Argentina, said it raised $69.6 million in a three-part bond sale in the local market, a deal that attracted enough demand for the company to surpass the $48 million minimum offer. The company, a joint venture between BP and Argentina's Bridas, sold a new one-year note denominated in pesos and a new two-year note in inflation-linked UVAs and also reopened a four-year bond in dollars that it issues in September. PAE priced ARS2.5 billi

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