Argentina Oil Driller PAE Pitches Investors on Global Bond Deal
- Pan American Energy weighing return to global debt market
- Company will test demand for bond with eight year maturity
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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.