Reuters logo
Suriname sets IPTs on US$500m 10-year bond
October 18, 2016 / 2:15 PM / a year ago

Suriname sets IPTs on US$500m 10-year bond

NEW YORK, Oct 18 (IFR) - The Republic of Suriname has set initial price thoughts of 9.5% area on a US$500m bond sale, with pricing expected as soon as Wednesday.

Proceeds are being used to redeem outstanding 8.57% bridge notes, to make a loan to state-owned oil company Staatsolie and for general budgetary purposes.

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 Marc Carnegie)

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