Reuters logo
Suriname launches US$550m 10-year bond at a yield of 9.25%: lead
October 19, 2016 / 3:50 PM / a year ago

Suriname launches US$550m 10-year bond at a yield of 9.25%: lead

NEW YORK, Oct 19 (IFR) - The Republic of Suriname has launched a US$550m 10-year bond at a yield of 9.25% ahead of pricing on Wednesday.

The final yield falls in line with guidance of 9.25% area, but comes tight to initial price thoughts of 9.5% area.

Oppenheimer and Scotiabank are acting as joint bookrunners on the 144A/Reg S deal, which is expected to be rated B1/B+/B+. (Reporting By Paul Kilby; Editing by Jack Doran)

Our Standards:The Thomson Reuters Trust Principles.
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