Pan American beats Arg gloom to price $300m

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Pan American beats Arg gloom to price $300m

argentina, Patagonia, oil, Santa Cruz, Geopark, LatAm, 575

Oil and gas producer Pan American Energy sold $300m of six year bonds on Tuesday in the first international new issue from an Argentine borrower since July 2019, surprising some market participants who had been sceptical about its chances.

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