El Salvador to launch previously announced bond buyback offer in September


Reuters | San Salvador | Updated: 17-08-2022 00:46 IST | Created: 17-08-2022 00:46 IST
El Salvador to launch previously announced bond buyback offer in September
  • Country:
  • Argentina

El Salvador will launch a previously announced 2023 and 2025 bond buyback offer in September, Finance Minister Alejandro Zelaya said on Tuesday.

El Salvador will likely be able to finance itself through the next couple of years but its debt is on its way to becoming unsustainable past 2024, analysts at JPMorgan said Monday.

(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)

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