Paraguay sets initial talk in 6 3/8% area for dollar 30-year notes

By Christine Van Dusen

Atlanta, Aug. 4 – Paraguay set initial talk in the 6 3/8% area for its benchmark-sized offering of dollar-denominated notes due in 30 years (Ba2/BB/BB-), a market source said.

BofA Merrill Lynch and JPMorgan are the bookrunners for the Rule 144A and Regulation S deal.

The proceeds will be used to finance infrastructure and energy projects and to support the economy.

The notes are expected to price as soon as Monday.

© 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.