Exalmar Nets Bond Debut
Pesquera Exalmar has priced a $200m 2020 NC4 bond, with the Peruvian fishery getting $800m demand in its first entry into the international DCM. The B2/B bond priced at 99.329 with a 7.375% coupon to yield 7.500%, the tight end of 7.625%-area guidance that followed high-7% talk. The new bond was trading up 0.75-1.25 points in the grey Friday...
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