24 de abril de 2015 / 14:08 / hace 2 años

Paraguay to tap 4.625% 2023S for US$280m -source

1 MIN. DE LECTURA

NEW YORK, April 24 (IFR) - The Republic of Paraguay is set to reopen its 4.625% 2023 bond today through bookrunners Bank of America Merrill Lynch and JP Morgan.

The borrower has capped the deal's size at US$280m and is approaching investors with initial price thoughts of 4.25% area.

The 144A/RegS senior unsecured bond is rated Ba1/BB/BB by Moody's, S&P and Fitch. Proceeds are being used to fund infrastructure and capital expenditures as well refinance outstanding debt. (Reporting by Paul Kilby; Anthony Rodriguez and Michael Gambale)

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below