May 11, 2021 |
Uruguay began marketing a two-part international bond sale on Monday, offering dollar- and peso-denominated notes with Bank of America, HSBC and Santander as joint bookrunners, according to a source involved in the deal.
Uruguay's economy and finance ministry said last week that it plans to issue global notes in pesos and "lower-yielding currencies from advanced economies" to help cover $4.5 billion in financing needs.
The ministry added that it expects to raise $3.86 billion from bond sales in
Sovereign issuer hires Bank of America, HSBC and Santander to arrange the sale of new notes