June 14, 2022 |
Vista Energy, the third-biggest oil producer in Argentina, said it plans to raise up to $43.5 million in the sale of a dollar-denominated bond in the local market, as it also takes steps to reduce its overall debt.
The Mexico City-based company said it will offer the bullet bond at auction on Tuesday, according to a securities filing.
The bond, which will mature in August 2024, will pay a rate of interest to be determined during the bidding process.
The deal comes as the company seeks to reduce
Argentina's third largest oil producer aims to raise $43.5 mln in short-term debt