|Status||Country of risk||Maturity (option)|
This field shows outstanding face value amount for outstanding bonds
|Issue ratings (M/S&P/F)|
|W obrocie||Argentina||****-**-**||3.391.052.000 ARS||***/***/***|
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|Bond type||Obligacje kuponowe|
|Placement method||Oferta publiczna|
Our gross proceeds from the issuance and sale of the Notes are expected to be approximately US$300 million, before deduction of fees and expenses. Our net proceeds from the issuance and sale of the Notes are expected to be approximately US$298.950 million. The company intends to use the net proceeds from the issuance of the Notes (i) to refinance certain debt in the normal course of business, (ii) to make loans consistent with our commercial strategy and in accordance with Central Bank guidelines and (iii) for general working capital in Argentina, including to increase our liquidity levels and/or finance investment projects, in each case in accordance with the provisions of Article 36 of the Negotiable Obligations Law, Communication “A” 5390 of the Central Bank, as amended, and other applicable regulations. We will use any net proceeds of the issuance of notes under this program in compliance with the requirements of Article 36 of the Negotiable Obligations Law, Communication “A” 3046, of the Central Bank, as amended and modified by Communication “A” 5390, and other applicable regulations, as specified in the applicable pricing supplement and for the following purposes: - working capital in Argentina; - investments in tangible assets located in Argentina; - refinancing of outstanding debt; - contributions to the capital of a controlled or related corporation, provided that the latter uses the proceeds of such contribution for the purposes set forth above; or - making loans in accordance with Central Bank regulations provided that such loans are used for any of the above purposes.
|Par amount, integral multiple||1.000 ARS|
|Nominal of international bonds||1.000 ARS|
|Minimum settlement amount||1.000.000 ARS|
|Outstanding principal amount||1.000.000 ARS|
|Amount Outstanding||3.391.052.000 ARS|
|Outstanding face value amount||3.391.052.000 ARS|
|Current coupon rate||17,5%|
|Day count fraction||***|
|Coupon frequency||2 raz(y) na rok|
|Interest accrual date||****-**-**|
|Trading floor, trading code||BYMA (trades settled in ARS in Argentina), BACBO; MAE, BACBO; BYMA (trades settled in USD in Argentina), BACBD; BYMA (trades settled in USD through foreign accoun, BACBC|
|Trading floor||Date and time||Bid/ ask price (Yield)|
Indicative price (Yield) i
Indicative price is used to calculate the effective yield, duration, modified duration and is calculated according to the following priority of prices: weighted average price (Average), market price (Market), closing price (Close), admitted price (Admitted), middle price (Mid), last price (Last). Indicative yield is calculated according to the following priority of yields: yield to maturity (effective), yield to put/call (effective), current yield.
T-spread, bp i
T-spread is calculated as the difference between the issue yield and the yield on government securities of the USA, Great Britain and Germany in the corresponding issue currency and with comparable modified duration (the calculations are based on the effective yields only). The value is computed only for issues in USD, EUR, GBP.
Indicative bond and international bond quotes by Cbonds are calculated based on the methodology described here http://ru.cbonds.com/organizations/docdownload/8715.
The end result of the methodology is a single end-of-day Cbonds quote, which is based on bid and ask data of various trading floors and contributors working with this asset.
Quotes are published both anonymously and publicly in the section Bond Quotes by Market Participants: http://cbonds.com/quotes/market/. These quotes are indicative only. Organizations posting the quotes have no obligations to conduct transactions at these prices. To learn the actual current prices, you need to contact the respective organization. Trading floor quotes are available at http://cbonds.com/quotes/.
|11/13/2019||*** / *** (*** / ***)||*** (***)||***||***||Archiwum|
|Market participant||Date and time||Bid/ask or last price|
|Cambridge Financial Information Services||2019-11-13||**,**** / **,**** (**,** / **,**)|
|Supranational bond issues|
|State registration number||BACBO|
|ISIN / ISIN RegS||USP1047VAG25|
|CUSIP / CUSIP RegS||P1047VAG2|
|CFI / CFI RegS||DBFUGR|
|FIGI / FIGI RegS||BBG00GMDNHL5|
|Ticker||BMAAR 17.5 05/08/22 REGS|
|Rating emitenta w dniu rozmieszczenia||***/***/***|
|Cena emisyjna||***% (**,**%)|
|Oferujący:||Bank of America Merrill Lynch, Goldman Sachs|
|Depository:||Euroclear Bank, Clearstream Banking S.A.|
|Agent kalkulacyjny:||BNY Mellon (London branch)|
|Trustee:||BNY Mellon (London branch)|
|Issuer Legal Adviser (International law):||Linklaters|
|Issuer Legal Adviser (Domestic law):||Bruchou, Fernandez Madero & Lombardi|
|Arranger Legal Adviser (International law):||Simpson Thacher & Bartlett|
|Arranger Legal Adviser (Domestic law):||Salaverri, Dellatorre, Burgio & Wetzler Malbran Abogados|