Argentine power companies line up bond sales

Argentine power companies line up bond sales

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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