Albanesi a good buy despite graft scandal, say analysts

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Albanesi a good buy despite graft scandal, say analysts

Albanesi, bribe, graft, Argentina, LatAm
Man gently takes a bribe | MR YUTTANA TAONOK +66-0-8126-4324-0/Dreamstudios - stock.adobe.com

Developing markets investment bank Exotix believes that Argentine power company Albanesi’s 9.625% 2023s are “money good”, despite a rapid fall in bond prices after the company’s CEO was arrested.

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