PCR to sell peso bonds

PCR to sell peso bonds

Bonds Debt Fixed Income Capital Markets Electricity Gas Oil Argentina

Argentine energy and cement producer Petroquímica Comodoro Rivadavia (PCR) said Wednesday that it will offer up to ARS6 billion ($46.9 million) in two series of peso-denominated bonds on Thursday, nearly eight months after maxing out a deal. PCR, the 10th largest oil producer in Argentina, said it will offer 12- and 18-month notes at auction, seeking to raise at least ARS3 billion and increasing that to the ARS6 billion maximum based on demand, according to a securities filing. The bonds will pa

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