July 21, 2017 |
The Argentine lender could follow up its local currency trade from last October with a $400m trade
Argentina's Banco Hipotecario has approved a $400m cross-border bond sale, but has yet to outline specific details.
The bank said it would choose bookrunners from a shortlist consisting of Bank of America Merrill Lynch, Citi, Credit Suisse, Deutsche Bank, Itau BBA, JPMorgan, Santander and UBS.
One banker questioned the logic of printing in dollars over Argentine pesos, with the latter option garnering heavy interest from a number of the country's financial institutions this year.