June 27, 2022 |
Argentine power company SPI Energy said Friday that it maxed out its offer of debut bonds in the local market, raising $135 million in a two-part deal.
The company started the offer at $115 million but increased that after demand came in at the maximum, according to a securities filing.
Both of the notes are linked to the dollar, meaning that they are bought and paid back in pesos and pay a margin over the depreciation of the wholesale exchange rate against the dollar. Most of the demand, at $10
Argentine power company snares $135 mln in the sale of two dollar-linked notes