Ecuador Said to Eye $4 Billion Sale in Return to Bond Markets
Carondelet Palace in Quito, Ecuador.
Photographer: AFP/Getty ImagesEcuador is planning to raise as much as $4 billion in its first bond sale since 2019, which could come as soon as next week, according to people familiar with the matter.
Officials from the South American nation have signaled to investors that they are considering a multi-tranche deal involving intermediate maturities — possibly 7-year and 12-year bonds —, the people said, asking not to be identified because the information isn’t public. The government is also interested in selling a 30-year maturity, they said, adding that plans haven’t been finalized and could still change.