Telecom Argentina collects US$200mn from new bond issue

News Telecom Argentina raised US$200mn from a new bond issuance aimed at improving its debt profile and supporting its infrastructure investment plan. With an original issuance exceeding US$500mn and the completion of a debt swap offer for its Class 1 negotiable obligations due in 2026, the total issuance has reached US$817mn, making it one of Argentina’s largest corporate bonds in terms of volume, according to the company. Within 90 days, the bond’s cost was reduced from 9.70%..