OldelVal mulls selling first bonds in 2023

OldelVal mulls selling first bonds in 2023

Bonds Debt Fixed Income Argentina Capital Markets Oil Pipelines

Oleoductos del Valle (OldelVal), one of the biggest oil pipeline operators in Argentina, is considering making is debut in the local bond market in the first quarter of next year to help finance a $750 million project to expand its pipeline capacity, according to a local news report. The company will seek 30% of the financing — about $225 million — for the project with the sale of bonds, OldelVal CEO Ricardo Hösel told EconoJournal, a local energy news publication. OldelVal gained approval for s

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