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Buenos Aires May Sell $750 Million in Debt Abroad, Ambito Says

Sept. 22 (Bloomberg) -- Buenos Aires province may announce a sale of $750 million in debt as early as Sept. 24, newspaper Ambito Financiero reported, without saying where it obtained the information.

The Argentine province will sell the five-year bond to yield about 11.5 percent, the Buenos Aires-based newspaper said. The sale would be the country’s largest of the year, Ambito said.

To contact the editor responsible for this story: Bill Faries at wfaries@bloomberg.net

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