Province of BA tightens on euro return

Argentina, tango, Buenos Aires
By Oliver West
13 Jul 2017

Argentina’s largest province raised €500m of euro-denominated bonds on Thursday after hefty tightening from initial price thoughts.

The Province of Buenos Aires wrapped up a European roadshow on Tuesday and waited a day before announcing initial price thoughts of 6% for a 5.5 year €600m no-grow trade.

Leads Deutsche Bank, HSBC and Santander attracted some €2.8bn of demand, allowing them to set guidance ...

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