Home / Daily Briefs / 2022 / 25 / BBVA heads to bond market in Argentina

BBVA heads to bond market in Argentina

BBVA heads to bond market in Argentina

August 25, 2022 | Charles Newbery
Spanish bank's local unit will seek up to $37 mln as YPF Luz also looks to raise debt

Bonds Debt Fixed Income Capital Markets Argentina

BBVA Argentina, a unit of the Spanish bank BBVA, said its board of directors has approved plans to sell bonds in the local market for up to ARS5 billion ($37 million) as more companies seek financing at home on strong demand. The branch will sell one or more series of notes out of a $500 million global bond program, it said in a securities filing on Tuesday. The plans come as more corporates turn to the local bond market for financing, in part because Argentina's long-running financial crisis ha

Already have an account?

    Forgot your password?

Free trial

Take a free two-week trial now for the latest news, data and market analysis.

Free Trial