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Argentine power companies line up bond sales

Argentine power companies line up bond sales

August 17, 2022 | Charles Newbery
Albanesi and Barragán will each seek up to $50 mln in the local market as demand runs high

Bonds Debt Fixed Income Loans Capital Markets Argentina Electricity Telecoms

Argentine power generation company Albanesi Energía and a sister company, CT Barragán, said they plan to raise up to $50 million each in the sale of bonds in the local market this week. Barragán will hit the market first on Wednesday, offering a minimum of $10 million in an 18-month, Argentine peso-denominated bond, and increasing the amount based on demand, according to a securities filing. The note will pay Badlar, a local reference interest rate now at 56.56%, plus a margin to be determined a

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