Petroquímica Comodoro Rivadavia returns to the bond market with $40mn offering

Argentine energy and cement producer Petroquímica Comodoro Rivadavia (PCR) said Thursday that it would offer up to $40 million in bonds at auction in the local market on Friday, as corporate issues revive from a lull over the past month on demand for dollars. PCR, the 10th largest oil producer in Argentina, said it would offer three series of bonds, including two series of dollar-linked notes and one in pesos.