Peso devaluation dashes Argentine issuance hopes

By Oliver West
31 Jan 2014

A plunging Argentine peso has dashed hopes that Argentina could again become a source of cross-border bonds this year, said bankers and analysts.

A rally in Argentine bonds in the last few months of 2013 gave DCM and syndicate bankers the expectation that issuers from the country could return to international capital markets, from which they have largely been locked out since the expropriation of state oil company YPF in ...

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