Uruguay real estate project to tap local debt market

Uruguay real estate project to tap local debt market

Bonds Debt Fixed Income Capital Markets Latin America South America Uruguay

Uruguay's central bank has authorized EF Asset Management to sell $165 million in a mix of debt securities on the local market to finance the Platinum real estate project in Montevideo. The Montevideo-based fund manager will raise the money through its new Platinum Trust Fund, the bank said in a statement. The issue is slated for this month or next, and will be the largest so far this year in the local market, with 90% of the deal to be bonds paying a to-be-determined margin over a base rate of

Already have an account?

Free trial

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

Free Trial