San Juan Returns to the International Debt Market with a Bond of US$600 Million and an Estimated Rate of Around 9%
5 Articles
5 Articles
The provincial administration will realize its return to foreign financing in New York this Thursday, backed by orderly fiscal accounts and the momentum of mining activity
Seven provinces went to international markets in the last 12 months and took advantage of a "window" of opportunities that is now more limited. Read more
The province placed US$ 600 million in the international market, with a coupon rate of 9.55% and the participation of 67 funds and investors.
San Juan returns to the New York debt market with a $600 million bond after two decades off Wall Street. The province bets on its orderly accounts and copper boom to attract investors, although the financing cost could be around 9% and 9.5%.
The province of Cuyona has been in continuous financial surplus for 21 years, and private reports stand out.
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