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Uruguay developer raises 40 million dollars in bonds for luxury project
Uruguay real estate developer La Tahona Desarrollos SA has successfully sold $40 million in bonds to both local and international investors. The funds will be allocated to the construction of offices and homes within its flagship gated community near Montevideo, as stated by Director Ignacio Añon. This sale comes just days before a contentious pension vote that could significantly impact the country's capital markets and public finances.
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