Buenos Aires City, Santa Fe Weigh Bond Sales Before Midterms (1)

The City of Buenos Aires and Argentina’s Santa Fe province are weighing international bond sales in the narrow window between Sunday’s provincial election in Buenos Aires and October midterms.

Buenos Aires is considering selling as much as $600 million abroad, with up to $400 million in new debt and the rest in an exchange offer targeted at retail holders to stretch out maturities, the people said. The proceeds would largely go to refinancing, as officials prepare for a $300 million payment coming due in June 2026.

Authorities believe that if President Javier Milei’s administration does well in this weekend’s ...