Argentina Announces Return to International Debt Markets
38 Articles
38 Articles
The government of Javier Milei announced this Friday that Argentina will return to the international financial markets to take debt, through a bond in dollars to four years and with an interest of 6.5%. With the proceeds, the ultra government aspires to be able to face, in part, the maturity of debt next January, which is around 4.3 billion dollars, without affecting the meagre reserves of the Central Bank. The decision is known hours after the …
For the first time since 2018, dollar bonds will be placed again. South American country has more than 40 billion dollars in debt to the International Monetary Fund
The Minister of Economy said he will offer a coupon of 6.5% in dollars and will expire on November 30, 2029."We return to the capital markets," said President Javier Milei on social networks.
It will offer a coupon of 6.5% in dollars under local law and will expire in 2029. With the proceeds, the country will pay part of the next maturities. “It is a very important fact,” said the Minister of Economy
This is the first foreign currency debt issue in the capital market since 2018
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