AMERICAS

摘要

The province of buenos aires pulled the trigger on an unusual peso trade on Tuesday, after delaying it the week before following a dramatic sell-off in Brazilian assets. The borrower sold a five-year bond through a local auction but with a 144A/Reg S wrap to facilitate foreign investor participation. In the end, the borrower raised US$951m-equivalent, with about 65% of the paper being placed with international accounts, according to a banker on the deal.