24 de abril de 2015 / 16:33 / en 3 años

Paraguay launches US$280m tap of 2023s at 4.15%

NEW YORK, April 24 (IFR) - Paraguay has launched a US$280m tap of its 4.625% 2023 bond at 4.15% ahead of pricing today.

Final pricing is coming some 10bp tight to initial price thoughts of 4.25% area released by leads Bank of America Merrill Lynch and JP Morgan earlier today. The bonds were trading at around 4.12% Friday, according to Thomson Reuters data.

The 144A/Reg S 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; Editing by Natalie Harrison)

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