June 3, 2022 |
Argentine oil and natural gas producer Compañía General de Combustibles (CGC) said Thursday it will seek to raise up to $140 million in dollar-linked bonds in the local market to finance investment projects and pay down debt.
CGC will offer two bonds at auction on Friday, beginning at $80 million and increasing the amount based on demand, according to a securities filing. On offer are a three-year bond and a seven-year bond, the company said.
The dollar-linked bonds, which are bought and paid ba
Argentine oil producer seeks up to $140 mln in a two-part deal to develop fields in southern Patagonia