New bond issue: Buenos Aires (province) issued international bonds for EUR 500.0m maturing in 2023 with a 5.375% coupon.
July 14, 2017
- Cbonds
Buenos Aires (province) issued international bonds for EUR 500.0m maturing in 2023 with a 5.375% coupon. Bonds were sold at a price of 99.455% with an initial yield of 5.5%. Bookrunner: Banco Santander, Deutsche Bank, HSBC
Depository: Euroclear Bank, Clearstream Banking S.A..
Share:
| Issuer, issue number | Buenos Aires (province), 5.375% 20jan2023, EUR |
|---|---|
| Type of debt instrument | International bonds |
| Issue status | outstanding |
| Type of placement | Public |
| Par, currency of issue | EUR 100,000 |
| Amount | 500,000,000 |
| ISIN | XS1649634034 |
| End of placement | 07/13/2017 |
| Initial issue price | 99.455 |
| Yield at pricing | 5.5 |
| Coupon | 5.375% |
| Coupon frequency | 1 time(s) per year |
| Settlement date | 07/20/2017 |
| Maturity date | 01/20/2023 |
| Issue Managers | Bookrunner: Banco Santander, Deutsche Bank, HSBC Depository: Euroclear Bank, Clearstream Banking S.A. |
| Trading floor | Luxembourg S.E. |
Issuer:
Buenos Aires (province)
Issuer profile:
| Province of Buenos Aires is the largest and most populous Argentinian province. It takes the name from the city of Buenos Aires, which used to be the provincial capital until it was federalized in 18... more |
Outstanding issues:
| 10 issues | USD | 7,534,360,365 |
| 3 issues | EUR | 1,539,537,004 |
| 4 issues | ARS | 21,903,614,000 |
Issuer rating:
| B3/Positive | LT- foreign currency | 03/07/2017 | |
| B3/Positive | LT- local currency | 03/07/2017 | |
| B/Stable | Foreign Currency LT | 04/04/2017 | |
| B/Stable | Local Currency LT | 04/04/2017 |
