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ARMENIA SETS FINAL YIELD OF 6.25% ON SEVEN-YEAR EUROBOND
Reuters
Sept 19 2013
By Davide Scigliuzzo
Thu Sep 19, 2013 8:22pm IST
LONDON, Sept 19 (IFR) - The Republic of Armenia's has set a final yield
of 6.25% on its upcoming issue of a benchmark-sized US dollar bond.
The sovereign, rated Ba2 by Moody's and BB- by Fitch, released initial
price thoughts of 6.375% area on the issue earlier on Thursday.
Books on the issue were heard approaching USD2bn with US orders still
to come in before the guidance revision, according to market sources.
The senior unsecured 144a/Reg S bond is expected to price later on
Thursday via Deutsche Bank, HSBC and JP Morgan. (Reporting by Davide
Scigliuzzo; Editing by Sudip Roy)
http://in.reuters.com/article/2013/09/19/armenia-eurobond-idINL5N0HF2PU20130919
From: Baghdasarian
Reuters
Sept 19 2013
By Davide Scigliuzzo
Thu Sep 19, 2013 8:22pm IST
LONDON, Sept 19 (IFR) - The Republic of Armenia's has set a final yield
of 6.25% on its upcoming issue of a benchmark-sized US dollar bond.
The sovereign, rated Ba2 by Moody's and BB- by Fitch, released initial
price thoughts of 6.375% area on the issue earlier on Thursday.
Books on the issue were heard approaching USD2bn with US orders still
to come in before the guidance revision, according to market sources.
The senior unsecured 144a/Reg S bond is expected to price later on
Thursday via Deutsche Bank, HSBC and JP Morgan. (Reporting by Davide
Scigliuzzo; Editing by Sudip Roy)
http://in.reuters.com/article/2013/09/19/armenia-eurobond-idINL5N0HF2PU20130919
From: Baghdasarian