E-mail us: service@prospectnews.com Or call: 212 374 2800
Bank Loans - CLOs - Convertibles - Distressed Debt - Emerging Markets
Green Finance - High Yield - Investment Grade - Liability Management
Preferreds - Private Placements - Structured Products
 
Published on 4/27/2006 in the Prospect News Emerging Markets Daily.

Latvia's Parex Bank talks euro-denominated five-year bonds at mid-swaps plus 175 bps area

By Reshmi Basu

New York, April 27 - SC Parex Bank (Ba1//BB+) set price guidance for a euro-denominated offering of five-year fixed-rate bonds at mid-swaps plus 175 basis points area, or the 5.68% area, according to a market source.

HSBC is running the Regulation S transaction.

Parex Bank is the third-largest bank in Latvia in terms of assets.


© 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.