trending Market Intelligence /marketintelligence/en/news-insights/trending/cawnIJa-ZHKZMbkb2Dstng2 content esgSubNav
In This List

Credito Argentino to sell 1.5B Argentine pesos in bonds

Blog

Banking Essentials Newsletter: 7th February Edition

Case Study

A Bank Outsources Data Gathering to Meet Basel III Regulations

Podcast

Private Markets 360° | Episode 8: Powering the Global Private Markets (with Adam Kansler of S&P Global Market Intelligence)

Blog

Banks’ Response to Rising Rates & Liquidity Concerns


Credito Argentino to sell 1.5B Argentine pesos in bonds

Banco De Credito Argentino SA on Dec. 18 plans to sell up to 1.5 billion Argentine pesos worth of series 3 bonds, according to a company filing.

The issuance will include class A and class B bonds, with maturity dates of 9 months and 24 months, respectively.

For both classes, the interest rate will be based on the Badlar benchmark rate plus a spread to be defined during the sales process.

The operation will be led by Banco de Valores SA and INTL CIBSA SA.

As of Dec. 11, US$1 was equivalent to 59.83 Argentine pesos.