Cote d'Ivoire begins marketing 10-year US dollar bond

Wed Jul 16, 2014 3:13am EDT

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LONDON, July 16 (IFR) - Cote d'Ivoire, rated B1 by Moody's and B by Fitch, has opened books on a debut 10-year US dollar bond at a yield of 5.875% area, according to a lead bank.

The 144A/Reg S note will be of benchmark size and is expected to price later today.

BNP Paribas, Citigroup and Deutsche Bank are the lead managers. (Reporting by Sudip Roy; editing by Julian Baker)

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