May 14, 2021 |
Uruguay raised debt in dollars and pesos in the international bond market on Thursday, earning $1.25 billion in cash and getting another $490 million in swaps, according to a source involved in the deal.
The sovereign issuer added $500 million to its 4.375% 2031 bonds and exchanged another $74 million for outstanding notes for a total of $574 million in dollars. It also placed UYU33 billion ($750 million) worth of new 10-year peso-denominated global bonds and exchanged an additional $416 million
Sovereign issuer raises $1.25 bln in cash to cover the fiscal deficit and gets another $490 mln is swaps