Argentina prepares $1 bln bond buyback

Argentina prepares $1 bln bond buyback

Corporate & Sovereign Strategy Economy & Policy Bonds Debt Fixed Income Capital Markets Argentina

Argentina is preparing to buy back more than $1 billion worth of foreign debt, Finance Minister Sergio Massa said, amid a surge in investor demand for risky debt in global markets since the start of the year. The government is looking to improve its debt profile to take advantage of "an enormous window of opportunity" created by a steep drop in Argentina's country risk, Massa wrote on Twitter on Wednesday. The debt operation will further lower risk indicators, helping to bring order to public fi

Already have an account?

Free trial

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

Free Trial