Vista Energy's Argentina unit prices $400 million bond offering

BY Reuters | CORPORATE | 12/03/25 05:45 PM EST

MEXICO CITY, Dec 3 (Reuters) - The Argentine subsidiary of Mexico's Vista Energy priced $400 million in bonds with an 8.5% interest rate due 2033, the company said on Wednesday, with the sale expected to close on December 10. DEAL DETAILS -- The bonds will mature in June 2033, with a yield of 8.25%. -- The sale was conducted in the U.S. and other countries under U.S. securities regulations. KEY CONTEXT -- The new bonds will be added to Vista Argentina's existing $500 million bond issue from earlier this year, with the same interest rate and maturity date. -- Vista is Argentina's second-largest shale producer, and has invested heavily in the Vaca Muerta formation. (Reporting by Kylie Madry; Editing by Sarah Morland)

In general the bond market is volatile, and fixed income securities carry interest rate risk. (As interest rates rise, bond prices usually fall, and vice versa. This effect is usually more pronounced for longer-term securities.) Fixed income securities also carry inflation risk and credit and default risks for both issuers and counterparties. Unlike individual bonds, most bond funds do not have a maturity date, so avoiding losses caused by price volatility by holding them until maturity is not possible.

Lower-quality debt securities generally offer higher yields, but also involve greater risk of default or price changes due to potential changes in the credit quality of the issuer. Any fixed income security sold or redeemed prior to maturity may be subject to loss.

Before investing, consider the funds' investment objectives, risks, charges, and expenses. Contact Fidelity for a prospectus or, if available, a summary prospectus containing this information. Read it carefully.

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