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Spain aims to raise around $2 bln with new dollar bond-source
February 20, 2013 / 12:15 PM / 5 years ago

Spain aims to raise around $2 bln with new dollar bond-source

MADRID, Feb 20 (Reuters) - Spain aims to raise around $2 billion from a dollar-denominated bond issue on Wednesday depending on the total book size, a government source told Reuters.

At 1200 GMT, the 5-year bond had already booked orders of over that amount, mostly from European and Middle Eastern accounts, and books would remain open until after U.S. investors had had a chance to participate, the source said.

“If this performs well, investors are satisfied, if we are satisfied with investors’ appetite, then it will make sense to be a regular issuer again in the U.S. market,” the source said.

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