Mendoza to pop bond cork as Neuquén notches $235m

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Mendoza to pop bond cork as Neuquén notches $235m

Malbec, Argentina, Prat-Gay, Macri
Picasa 2.7/Vesalio - Fotolia

The Argentine province of Neuquén raised $235m of bonds this week, pricing at a yield more than 150bp less than where it had talked about a similar deal last September. The province's deal is the first Argentine bond since the sovereign’s blowout return to bond markets last month.

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