FAQ

Follow Cbonds

Contact us (+ 7 (921) 446-25-10)
×
Texting is available for authorized users.
Please register or log in at the website.
×
Your request for online training has been sent. Cbonds managers will be in touch with you shortly. Thank you!

International bonds: Cordoba (province), 7.125% 1aug2027, USD (USP79171AF45, P79171AF4)

StatusCountry of riskMaturity (option)
Amount i
This field shows outstanding face value amount for outstanding bonds
Issue ratings (M/S&P/F)
outstandingArgentina**/**/****450,000,000 USD***/***/***
Registration required. Please log in or fill in the registration form.
×
Available to subscribers "Price Center NRD". Order paid / trial access .
×

Yield calculation

 %
×

Registration required. Please log in or fill in the registration form.

Issue information

BorrowerCordoba (province)
Bond typeCoupon bonds
Form of issueRegistered documentary bonds
Placement methodOpen subscription
Placement typePublic
Issue purposeShow
Issue purpose
The gross proceeds from the offering of the notes, before commissions and other expenses payable by the Province, will be U.S.$449,959,500 million. The Province will use the net proceeds from the sale of the notes to (i) complete the financing of the four regional systems (North, East, South and Center II), currently under construction, and specifically defined under bidding papers No. 02/2017, and (ii) finance the development of the Remaining Trunk Gas Pipelines. See “Public Sector Finances—Composition of Expenditures—Infrastructure Development Plan” for a description of the Integral Trunk Gas Infrastructure Program, including the Remaining Trunk Gas Pipelines. The Remaining Trunk Gas Pipelines form part of the Integral Trunk Gas Infrastructure Program of the Province approved by provincial Laws 10,339 and 10,449 and are currently under bidding under bidding papers No. 17/2017. The Remaining Trunk Gas Pipelines are being financed independently from other projects under the Integral Trunk Gas Infrastructure Program of the Province (other than the projects mentioned in (i) above), which are already under construction and have their own source of financing.
Par amount, integral multiple1,000 USD
Nominal of international bonds1,000 USD
Minimum settlement amount150,000 USD
Outstanding principal amount150,000 USD
Amount450,000,000 USD
Outstanding face value amount450,000,000 USD
Placement date**/**/****
Maturity date**/**/****
Redemption price100%
Floating rateNo
Coupon Rate*.***%
Current coupon rate7.125%
Day count fraction***
ACI*** (10/17/2019)
Coupon frequency2 time(s) per year
Interest accrual date**/**/****
Trading floor, trading codeBYMA (trades settled in USD in Argentina), CO27D; BYMA (trades settled in USD through foreign accoun, CO27C; MAE, CO27D; BYMA (trades settled in ARS in Argentina), CO27D
ListingLuxembourg S.E.

Related issues

×

Registration required. Please log in or fill in the registration form.

Cbonds Valuation
i
Indicative bond and international bond quotes by Cbonds are calculated based on the methodology. The end result of the methodology is a single end-of-day Cbonds quote, which is based on bid and ask data of various trading floors and contributors working with this asset.
:

Trading floorDate and timeBid/ ask price (Yield)
Indicative price (Yield) i
Indicative price is used to calculate the effective yield, duration, modified duration and is calculated according to the following priority of prices: weighted average price (Average), market price (Market), closing price (Close), admitted price (Admitted), middle price (Mid), last price (Last). Indicative yield is calculated according to the following priority of yields: yield to maturity (effective), yield to put/call (effective), current yield.
G-spread
T-spread, bp i
T-spread is calculated as the difference between the issue yield and the yield on government securities of the USA, Great Britain and Germany in the corresponding issue currency and with comparable modified duration (the calculations are based on the effective yields only). The value is computed only for issues in USD, EUR, GBP.
CBONDS ESTIMATION
i
Indicative bond and international bond quotes by Cbonds are calculated based on the methodology described here http://ru.cbonds.com/organizations/docdownload/8715.
The end result of the methodology is a single end-of-day Cbonds quote, which is based on bid and ask data of various trading floors and contributors working with this asset.
Quotes are published both anonymously and publicly in the section Bond Quotes by Market Participants: http://cbonds.com/quotes/market/. These quotes are indicative only. Organizations posting the quotes have no obligations to conduct transactions at these prices. To learn the actual current prices, you need to contact the respective organization. Trading floor quotes are available at http://cbonds.com/quotes/.
10/16/2019*** / *** (*** / ***)*** (***)******Archive
Registration required. Please log in or fill in the registration form.

Bond Quotes by Market Participants

Market participantDate and timeBid/ask or last price
(Yield)
Anonymous participant 2010/16/2019**.*
(**.**)
UCAP Asset Management10/16/2019**.**** / **.***
(**.** / **.**)
Anonymous participant 3110/16/2019**.** / **.**
(**.** / **.*)
BCP Securities10/15/2019**.* / **.*
(**.** / **.**)
Banco Comafi10/11/2019**.**
(**.**)
Zurich Cantonal Bank10/11/2019**.** / **.**
(**.** / **.**)
×

Access closed

Request access
×

Contact Info

Registration required. Please log in or fill in the registration form.

Price chart

Registration required. Please log in or fill in the registration form.

Stock exchange and OTC quotes

Trading floorDate and timeBid/ ask price (Yield)
Indicative price (Yield) i
Indicative price is used to calculate the effective yield, duration, modified duration and is calculated according to the following priority of prices: weighted average price (Average), market price (Market), closing price (Close), admitted price (Admitted), middle price (Mid), last price (Last). Indicative yield is calculated according to the following priority of yields: yield to maturity (effective), yield to put/call (effective), current yield.
G-spread
T-spread, bp i
T-spread is calculated as the difference between the issue yield and the yield on government securities of the USA, Great Britain and Germany in the corresponding issue currency and with comparable modified duration (the calculations are based on the effective yields only). The value is computed only for issues in USD, EUR, GBP.
FRANKFURT S.E.10/17/2019 10:40**.** / **.** (**.** / **.**)**.* (**.**)
FRANKFURT S.E.10/16/2019*** / *** (*** / ***)*** (***)******Archive
STUTTGART EXCHANGE10/16/2019*** / *** (*** / ***)*** (***)******Archive
LUXEMBOURG S.E.10/16/2019*** / *** (*** / ***)*** (***)******Archive
Registration required. Please log in or fill in the registration form.

Bond classification

Subordinated
Sinkable bond
Perpetual
Convertible
Structured product
Restructuring
Securitization
Mortgage bonds
Trace-eligible
Covered
Foreign bonds
CDO
Sukuk
Retail bonds
Supranational bond issues
Green bonds
Non-Marketable Securities

Identifiers

ISIN / ISIN RegSUSP79171AF45
ISIN 144AUS74408DAE40
CUSIP / CUSIP RegSP79171AF4
CUSIP 144A74408DAE4
CFI / CFI RegSDBFUFR
CFI 144ADBFUFR
FIGI / FIGI RegSBBG00H2D4R07
WKN / WKN RegSA19K4S
WKN 144AA19K2S
SEDOLBD71DL8
FIGI 144ABBG00H2D2QW6
TickerPDCAR 7.125 08/01/27 REGS

Primary placement

Issuer rating on issue date (M/S&P/F)***/***/***
Placement**/**/****
Initial issue price (yield)**.***% (*.**%)
Settlement Duration*.**

Participants

Bookrunner: HSBC, JP Morgan
Depository: Euroclear Bank, Clearstream Banking S.A.
Trustee: Deutsche Bank Trust Company Americas
Issuer Legal Adviser (Domestic law): Tavarone, Rovelli, Salim & Miani
Issuer Legal Adviser (International law): Salaverri, Dellatorre, Burgio & Wetzler Malbran Abogados, Shearman & Sterling
Arranger Legal Adviser (International law): Milbank, Tweed, Hadley & McCloy
Paying agent: Deutsche Bank Trust Company Americas

Payment schedule

*****

Coupon dateActual Payment DateCoupon, %Coupon payment amount, USDRedemption of principal, USD
Show previous
1**/**/******/**/*****.****,***.**
2**/**/******/**/*****.****,***.**
3**/**/******/**/*****.****,***.**
4**/**/******/**/*****.****,***.**
5**/**/******/**/*****.****,***.**
6**/**/******/**/*****.****,***.**
7**/**/******/**/*****.****,***.**
8**/**/******/**/*****.****,***.**
9**/**/******/**/*****.****,***.**
10**/**/******/**/*****.****,***.**
11**/**/******/**/*****.****,***.**
12**/**/******/**/*****.****,***.**
13**/**/******/**/*****.****,***.**
14**/**/******/**/*****.****,***.**
15**/**/******/**/*****.****,***.**
16**/**/******/**/*****.****,***.**
17**/**/******/**/*****.****,***.**
18**/**/******/**/*****.****,***.**
19**/**/******/**/*****.****,***.**
20**/**/******/**/*****.****,***.*****,***
Show following
Registration required. Please log in or fill in the registration form.

Early redemption terms

*****

DateOption typeOption styleBenchmark spread, b.p.Until datePrice
Show previous
**/**/****callMake-Whole Call****/**/****
Show following
Registration required. Please log in or fill in the registration form.
Registration required. Please log in or fill in the registration form.

Issue ratings

Cordoba (province), 7.125% 1aug2027, USD

Rating AgencyRating / OutlookScaleDate
Fitch Ratings***/***LT Int. Scale (foreign curr.)09/11/2019
Moody's Investors Service ***/***LT- foreign currency09/03/2019
S&P Global Ratings***/***Foreign Currency LT08/20/2019
Registration required. Please log in or fill in the registration form.

Issuer ratings

Cordoba (province)

Rating AgencyRating / OutlookScaleDate
Fitch Ratings***/***LT Int. Scale (local curr.)09/11/2019
Fitch Ratings***/***LT Int. Scale (foreign curr.)09/11/2019
Fix Scr - affiliate of Fitch***/***LT national scale rating (Argentina)04/17/2018
Fix Scr - affiliate of Fitch***/***LT foreign currency rating08/12/2019
Fix Scr - affiliate of Fitch***/***LT local currency rating08/12/2019
Moody's Investors Service ***/***LT- local currency09/03/2019
Moody's Investors Service ***/***LT- foreign currency09/03/2019
S&P Global Ratings***/***Foreign Currency LT08/20/2019
S&P Global Ratings***/***Local Currency LT08/20/2019
Registration required. Please log in or fill in the registration form.
minimizeexpand
Cbonds is a global fixed income data platform
  • Cbonds is a global data platform on bond market
  • Coverage: more than 170 countries and 250,000 domestic and international bonds
  • Various ways to get data: descriptive data and bond prices - website, xls add-in, mobile app
  • Analytical functionality: bond market screener, Watchlist, market maps and other tools
×