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Argentina starts marketing dual-tranche euro offering
October 5, 2016 / 8:17 AM / a year ago

Argentina starts marketing dual-tranche euro offering

Oct 5 (IFR) - The Republic of Argentina has opened books on benchmark-sized euro bonds maturing in January 2022 and January 2027, according to a lead.

The long five-year notes are being marketed at a yield of 4.5% area and the long 10-year notes at 5.625% area.

The Reg S transaction is today’s business via BBVA, BNP Paribas and Credit Suisse.

Argentina is rated B3 (stable) by Moody’s and B- (stable) by Standard and Poor‘s. (Reporting by Robert Hogg; editing by Sudip Roy)

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