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Paraguay mandates two bookrunners for $550 million in notes
By Christine Van Dusen
Atlanta, March 6 – Paraguay has mandated BofA Merrill Lynch and Citigroup as the bookrunners for an offering of up to $550 million of notes, a market source said.
The proceeds will be used to refinance debt and for infrastructure projects.
The deal is expected to come to the market this month.
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