Jamaica intends to issue notes with tender offer

By Christine Van Dusen

Atlanta, Aug. 9 – Jamaica is planning to issue new notes to fund a tender offer for its 2017 and 2019 notes, according to an announcement from the sovereign.

The new notes will be “an international capital markets transaction on the long-dated part of the curve,” the announcement said.

Pricing is expected on Friday, the day after the tender ends.

Citigroup is the billing and delivering bank for the tender offer. Citigroup and BofA Merrill Lynch are the dealer managers.

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