Ivory Coast sets talk for dollar benchmark notes due in 12 years; pricing expected Tuesday

By Christine Van Dusen

Atlanta, Feb. 24 – Ivory Coast set initial talk in the 6 7/8% area for a benchmark-sized and dollar-denominated offering of 12-year amortizing notes (B1//B), a market source said.

BNP Paribas, Citigroup and Deutsche Bank are the bookrunners for the Rule 144A and Regulation S notes, which will have three equal redemption payments in 2026, 2027 and 2028.

The bonds are expected to price on Tuesday.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.