MSU, Naranja line up local bond sales

MSU, Naranja line up local bond sales

Bonds Debt Fixed Income Capital Markets Argentina Electricity

Argentine power generation company MSU Energy said it will seek up to $61 million in the sale of US dollar-denominated bonds in the local market this week, while credit card issuer Tarjeta Naranja said it is preparing to issue $97 million worth of notes. MSU, which operates three natural gas-fired power plants and has another under construction, will offer a two-year bond at auction on Friday, it said in a securities filing on Monday. The company will use the proceeds to refinance debts, it adde

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