Serbia launches USD1.5bn 7-yr bond at 5.15%

Thu Feb 14, 2013 12:53pm EST

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LONDON, Feb 14 (IFR) - Serbia, rated BB-/BB-, has launched a USD1.5bn seven-year bond at a yield of 5.15%, tight to initial price guidance of 5.2% area, according to a source. The 144A/Reg S transaction will price later today.

Barclays, Deutsche Bank and JP Morgan are the leads. (Reporting By Davide Scigliuzzo, editing by Anil Mayre)

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