NEW YORK, Aug 4 (IFR) - The Republic of Paraguay is set to
raise US$1bn via a 30-year bond launched at a final yield of
6.10%, according to market sources.
Final terms came tight to the official guidance range of
6.125% to 6.250% and inside initial price indications of 6.375%
area released earlier on Monday.
Paraguay, rated Ba2/BB/BB-, will use proceeds to finance
infrastructure and energy projects as well as to provide support
for certain sectors of the economy.
Bank of America Merrill Lynch and JP Morgan are lead
managers on the 144A/Reg S transaction, which is expected to
price later on Monday.
(Reporting by Davide Scigliuzzo; Editing by Paul Kilby)