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Ivory Coast guides 2030 notes around 5 3/8%, 2048 notes around 6¾%
By Rebecca Melvin
New York, March 15 – The Republic of Ivory Coast set guidance for its two tranches of benchmark notes due 2030 and 2048.
The 2030 notes are guided to yield 5 3/8%, plus or minus 1/8%, and the 2048 notes are guided to yield 6¾%, plus or minus 1/8%, according to a syndicate source on Thursday.
Pricing was tightened from 5½% to 5 5/8% and 6 7/8% to 7% yields, respectively.
The euro-denominated notes were being sold under Rule 144A and Regulation S by bookrunners BNP Paribas, Citigroup, Deutsche Bank and Societe Generale CIB.
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