AMERICAS

摘要

The city of buenos aires is expected to wrap up roadshows this week ahead of pricing an up to US$890m international bond sale - its first in over a year. Considered one of the country's better quality municipal names, the new bond is expected to draw a decent crowd among investors seeking to gain exposure to Argentina. The borrower, which is concluding roadshows in New York on Monday, will use proceeds from the 10-year bond to fund a tender for its outstanding 9.95% 2017s. Investors are being offered a tender price of 105.5, closing on May 23.