Shares of Satellogic, which builds satellites in Uruguay, are up more than 250% this year.

Argentine provinces are tapping global bond markets at the fastest pace in nearly a decade, even as the federal government sticks to short-term debt in the local market amid investor fears over the 2027 elections.

Citigroup, Banco Santander SA and JP Morgan are among lenders working on a roughly $1 billion finance package for a project by Transportadora de Gas del Sur SA in Argentina’s Vaca Muerta shale formation, according to people familiar with the matter.