Hipotecario extends Argentina debt drive

Oliver West

May 19, 2016 05:45 am

Argentina, peso, Argentine peso, Hipotecario — Argentine pesos from a client buying U.S. dollars are counted by a machine at an illegal exchange location in Buenos Aires, Argentina, Thursday, Dec. 17, 2015. Argentina's currency sharply devalued against the U.S. dollar on Thursday as the new administration lifted deeply unpopular limits on the buying of foreign currencies. (AP Photo/Victor R. Caivano) | Victor R. Caivano/AP/Press Association Images

Mortgage lender Banco Hipotecario took advantage of the momentum surrounding Argentine bonds on Wednesday with a tap of its senior unsecured 2020s more than six and a half points above where they were first sold in November.

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Topics

LatAm Bonds Emerging Markets LatAm Argentina

OW

Oliver West

US Bureau Chief - Latin America Editor