Argentine energy companies find demand for bonds

Argentine energy companies find demand for bonds

Corporate & Sovereign Strategy Bonds Debt Fixed Income Capital Markets Energy Electricity Gas Oil Argentina

Argentine energy companies are finding ample demand for their debt in the local market, with Petroquímica Comodoro Rivadavia (PCR) maxing out a deal and two power plant operators surpassing their joint goal. PCR raised ARS6 billion ($47 million) in the sale of two series of peso-denominated bonds on Thursday, with demand coming in at a total of ARS10.9 billion, according to a securities filing. That allowed the company to step up the offer from the original goal of ARS3 billion to the maximum, a

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