Tag: bonds

• Thursday, January 19th 2023 - 07:50 UTC

  Argentine announces repurchase of debt bonds

  

  Argentina's Superminister of Economy, Agriculture, and Production Sergio Massa Wednesday announced he had instructed his team to launch a “debt repurchase” process for over US$ 1 billion “to improve the debt profile and continue lowering the country risk,” while bringing it closer to accessing foreign credit.

• Friday, May 14th 2021 - 09:30 UTC

  Investor confidence in Uruguay allows for local currency bond issue

  

  Uruguay placed on the market a new 10-year peso bond for the equivalent of US $ 1,166 million at an interest rate of 8.25% per year, reported the Minister of Economy, Azucena Arbeleche. It is the lowest interest rate in the historical comparison of emissions by Uruguay.

• Tuesday, November 24th 2020 - 09:26 UTC

  Peru placed a US$ 1 billion 100-year bond at a coupon rate of 3,23%

  

  Peru said on Monday an eager market had soaked up its offer of US$ 4 billion worth of debt, including a rare century bond, as the world´s No. 2 copper miner scrambles to raise funds to soften the economic fallout from the coronavirus crisis.

• Wednesday, May 20th 2020 - 08:55 UTC

  Argentine government negotiating creditors' counteroffers ahead of Friday deadline

  

  Argentina’s government and its creditors are edging toward a deal to revamp US$ 65 billion in foreign debt but still have a distance to close between an initial offer from the government and counteroffers from bondholders ahead of a Friday deadline.

• Saturday, May 16th 2020 - 07:55 UTC

  Bolsonaro's erratic administration keeps Brazilian corporations from issuing fresh bonds

  

  As Brazilian President Jair Bolsonaro kept his name in the headlines over the last weeks by firing ministers and attacking governors, the Supreme Court and Congress, investors fretted over the prospect of a political crisis on top of the coronavirus pandemic.

• Wednesday, January 15th 2020 - 09:50 UTC

  Buenos Aires province negotiating an extension on a US$ 250m bond payment on January 26

  

  Buenos Aires province bonds added to recent losses on Tuesday after the provincial government asked holders for an extension on a more than US$ 250 million payment due later this month, dragging Argentina’s debt lower as well.

• Tuesday, May 15th 2018 - 06:54 UTC

  Argentina's “L” Day challenge: US$ 25bn in Peso bonds mature on Tuesday

  

  The Argentine Peso plummeted to a new low on Monday despite government attempts to curb losses in recent weeks by hiking interest rates and shedding billions in foreign reserves. The Peso fell sharply on opening Monday and closed down 6.2%, trading at 25.52 against the dollar, having lost close to 33% so far this year.

• Friday, January 5th 2018 - 10:20 UTC

  Argentina sells US$ 9bn in bonds, “at the lowest yields in the country's history”

  

  Argentina sold US$ 9 billion in a three-part dollar bond issuance that was oversubscribed on Thursday, covering nearly a third of its expected financing needs for 2018 early in the year. Latin America’s third largest economy sold US$1.75 billion in five-year bonds at a yield of 4.625%, US$ 4.25 billion of 10-year bonds at 6% and US$3 billion in 30-year bonds at 7%, the ministry said. It said the yields were the lowest in Argentina’s history.

• Saturday, January 11th 2014 - 06:57 UTC

  US Supreme Court agrees to consider Argentina litigation case with hedge funds

  

  The US Supreme Court agreed on Friday to consider a dispute over subpoenas in a case stemming from long-running litigation over Argentina's obligations to bond investors in the wake of its default on 100 billion dollars in sovereign debt in 2002.

• Friday, October 11th 2013 - 07:52 UTC

  Argentina prepared to comply with World Bank arbitration and pay corporations with bonds

  

  Argentina will offer 500 million dollars in sovereign bonds to resolve disputes with corporations at a World Bank arbitration panel, a financial daily newspaper reported on Thursday.