MSU to tap local bond market

MSU to tap local bond market

Corporate & Sovereign Strategy Debt Bonds Fixed Income Capital Markets Energy Electricity Gas Latin America South America Argentina

Argentina's MSU Energy said it will seek up to $40 million in the sale of two series of bonds in the local market, a latest deal by companies to tap strong demand as peso liquidity runs high. MSU, which operates three natural gas-fired power plants and has another under construction, will offer an 18-month dollar-linked bond and a 24-month inflation-linked note at auction on August 4, the company said late Thursday in a securities filing. The dollar-linked bonds, which are bought and paid back i

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