Argentina Aims for $1B Bond Sale

Argentina aims to raise $1 billion through a new bond offering, targeting an interest rate below 9%. The US dollar-denominated bond, with a 6.5% coupon rate, is set to mature in 2029. This move is part of Argentinas efforts to stabilize its currency and reduce debt, seeking to attract foreign investment and signal renewed confidence in its economic policies.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.