OldelVal to make bond debut

OldelVal to make bond debut

Bonds Debt Fixed Income Argentina Oil Pipelines

Oleoductos del Valle (OldelVal), one of the biggest oil pipeline operators in Argentina, has been authorized to sell up to $500 million in bonds in its debut in the local market to finance a pipeline expansion project. Argentine securities commission CNV said OldelVal could sell a series of bonds without providing further details in a statement late on Wednesday. The proceeds will go toward financing a $750 million project to double its pipeline capacity over the next two years, the CNV said. On

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