AA2000 finds high-flying demand for bonds

AA2000 finds high-flying demand for bonds

Corporate & Sovereign Strategy Bonds Debt Fixed Income Capital Markets Argentina

Aeropuertos Argentina 2000 (AA2000), the largest airport operator in Argentina, said Thursday it sold $20 million worth of US dollar-denominated bonds in the local market on Wednesday, maxing out the deal after demand came in at $2.2 billion. The three-year dollar-linked notes were sold at a price to pay 0% over currency depreciation, another sign of the high investor demand. The dollar-linked notes, which are bought and paid back in pesos at the official wholesale exchange rate, are a way of pr

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