October 26, 2010 / 8:50 AM / 9 years ago

Albania sets 7.5 pct guidance on 300-400 mln-euro bond

LONDON, Oct 26 (Reuters) - Albania has set price guidance on its five-year debut bond of 300-400 million euros at 7.5 percent, a lead manager of the deal said on Tuesday.

The bond, rated ‘B1’ by Moody’s and ‘B+’ by Standard & Poor’s, is arranged by Deutsche Bank and JPMorgan.

The deal had been put off from April after the Greek debt crisis rattled markets. (Reporting by Sebastian Tong; editing by Mike Dolan)

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