The Bitcoin Foundation appointed Jim Harper, a former lobbyist for EBay Inc.’s PayPal service, to be global policy counsel as the group seeks to persuade governments to let people use the virtual currency.
YPF SA, Argentina’s biggest oil producer by market value, plans to return to global markets for the first time in 12 years with the sale of up to $600 million of bonds as the company aims to expand at home and abroad.
Vitro SAB’s defaulted bonds have climbed to a 23-month high on speculation Mexico’s biggest glassmaker will sweeten an offer to restructure $1.2 billion in debt that was rejected by creditors last month.
Vitro SAB, the Mexican glassmaker that defaulted on $1.2 billion of bonds last year, plans to ensure creditors approve a debt-restructuring offer by voting $1.9 billion of its intercompany loans in favor of the deal.
Aeropuertos Argentina 2000’s success in winning price increases from the government may allow the country’s biggest airport operator to pay a lower interest rate on its $300 million bond sale than similarly rated Latin American companies.
Interest rates topping 11 percent and collateral made up of aging vessels including a pair of almost 30-year-old tug boats helped lure investors to Oceanografia SA’s sale of $335 million of bonds in 2008.