Argentina Oil Driller PAE Pitches Investors on Global Bond Deal [Financial Post (Toronto, Ontario, Canada)]
Citigroup, Inc. (C)
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Source: Financial Post
Author of the article: You can save this article by registering for free here . Or sign-in if you have an account. (Bloomberg) — Pan American Energy, one of Argentina's largest crude exporters, is meeting with investors this week to gauge demand for a global bond sale, according to people familiar with the matter. The oil driller mandated foreign banks to arrange the meetings, which were set to begin on Monday, according to the people, who asked not to be named as the meetings are private. The company is weighing a return to markets in which it would issue a benchmark-sized bond due in eight years, the people said. Article content Article content If it follows through with a sale, PAE would be the second Argentine oil and gas firm to borrow on the international bond markets this year, following YPF's $800 million deal in January. A spokesperson for PAE didn't immediately respond to a request for comment. Citigroup Inc., Itau BBA, JPMorgan Chase & Co. and Santander were
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