Argentine Trusts Paving Way for Corporate Bond Sales, AdCap Says

  • Trust issuance grew 52% in October from year earlier
  • Trusts help companies `build a reputation,' AdCap says

Argentine companies looking to take advantage of a surge in optimism toward the country are increasingly using investment trusts to raise funds and gain investors’ confidence before an overseas bond sale, according to AdCap Securities, a Miami-based broker and investment bank.

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