Egypt sets talk for three tranches of notes 2024, 2029 and 2049

By Rebecca Melvin

New York, Feb. 19 – The Arab Republic of Egypt was talking a triple tranche offering of dollar- and euro-denominated notes, as well as green bonds. Pricing was expected later Tuesday, according to a market source.

The five-year tranche was guided initially to a yield in the 6.6% area. The 10-year tranche was guided to a yield in the 8% area, and the 30-year tranche was guided to the 9.1% area.

The deal size may be $5 billion, according to a market source.

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