Uruguay Completes Samurai Return
Uruguay has closed the JPY40bn ($493m) Samurai bond it had been marketing in Japan for a week, pricing near the tight end of guidance. The 2021 bond priced at par with a 1.64% coupon, to yield Yen Libor+ 43bp, near the tight end of the 42bp-48bp guidance. The book was heard 2.2x subscribed. As with...
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