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Ecuador announces two new bond issues, says holders tendered $4.6 bln in related buyback
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Ecuador announces two new bond issues, says holders tendered $4.6 bln in related buyback
Mar 11, 2026 1:43 AM

NEW YORK, Jan 26 (Reuters) - Ecuador announced on Monday

the issuance of new 8-year and 13-year debt ‌as investors

tendered some $4.6 billion of its ​2030 and 2035 step-up notes.

The South ‍American country said it ⁠is issuing ⁠two new U.S.

dollar bonds, maturing in 2034 ‌and 2039, ​in a deal aimed at

refinancing part of its existing ⁠debt, with Bank ‍of ​America and

Citi running the sale, according to LSEG data.

The government separately ‍said it received tenders of $2.48

billion, or 81.6%, of its 2030 step-up notes, and $2.12 billion,

or 32.7%, of its 2035 step-up notes, ​into ‍its cash buyback

offer.

The government said it will announce on ​January 27 whether

it will accept the tenders, how much it will spend on each

series, and whether any bids will be prorated, with the ​buyback

still conditional on the closing of the new bond issuance.

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