Uruguay repurchases bonds with SLB proceeds

Uruguay repurchases bonds with SLB proceeds

Corporate & Sovereign Strategy Bonds Debt Fixed Income Capital Markets Uruguay

Uruguay said Friday that it agreed to buy back $517 million in debt set to mature between 2024 and 2031, one day after it priced $1 billion in new sustainability-linked bonds (SLBs) in the international market. The South American sovereign issuer accepted for repurchase $47.1 million in 4.5% 2024 bonds, $101 million in 4.375% 2027 notes and $369 million in 4.375% 2031s, it said in a press release. Crédit Agricole, HSBC, JPMorgan and Santander were the dealer managers on the buyback, it added. Ur

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