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

MEXICO CITY, Dec 3 (Reuters) - The Argentine subsidiary of Mexico's Vista Energy VISTAA.MX 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.