BA Province to provide Argentina appetite test

Plaza de Mayo, Buenos Aires
By Oliver West
28 May 2014

The Province of Buenos Aires is expected to announce a bond mandate shortly after Moody’s and Standard & Poor’s granted the bond to be Caa2/CCC+ ratings.

BNP Paribas and Citi are understood to be working with the borrower on the new deal, which will total up to $500m. Both the Province and City of Buenos Aires have been holding regular bond investor meetings in recent months, say bankers. Moody’s said the New York law ...

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