Argentina

Argentina enters Euro Bond market

Argentina opened books on a dual-tranche euro-denominated bond, maturing in January 2022 and January 2027 The 10-year issue is being marketed around 5.625% and the 5-year at a yield of 4.5% area.
The issue is managed by BBVA, BNP Paribas and Credit Suisse. Sovereign debt is rated B3 (stable) by Moody’s and B- (stable) by Standard and Poor’s.

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