trending Market Intelligence /marketintelligence/en/news-insights/trending/sdtabjsqxw2v0kyuod8u8q2 content
BY CONTINUING TO USE THIS SITE, YOU ARE AGREEING TO OUR USE OF COOKIES. REVIEW OUR
PRIVACY & COOKIE NOTICE
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *

* Required

In this list

BACS Banco de Crédito y Securitización to issue 24-month bonds worth 249.5M pesos

Lithium Sector - Production and Supply Outlook

State Of Indonesian Online Video: Subscription

Virtual Multichannel Revenues Projected To Soar In Next Five Years

Street Talk Episode 45 - Fed Moving From Rate Hikes To Lower For Longer


BACS Banco de Crédito y Securitización to issue 24-month bonds worth 249.5M pesos

Argentina'sBACS Banco de Crédito y SecuritizaciónSA will issue 24-month bonds on July 27 that are worth 249.5 millionArgentine pesos, the bank said in a securities filing July 22.

The bankreceived 71 bids totaling 449.3 million pesos. The initial offering was for up to 30 million pesos, expandable to 250million pesos.

The interestrate will be the benchmark Badlar rate plus a cut-off margin of 3.45%. The bondswill pay a minimum nominal annual interest rate of 30% in the first payment period.

The placingagents were: BACS Banco de Crédito y Securitización, Banco Hipotecario, Banco deServicios y Transacciones, Nuevo Banco de Santa Fe and Balanz Capital Valores.

The issuanceis part of the bank's global bond program for up to $150 million or its equivalentin pesos.

As of July 22, US$1 was worth14.98 Argentine pesos.