Honduras Looks to Join HY Debut Club
Honduras is planning to test the waters for its first-ever international bond, hoping a welcoming mood from a buyside that bought the likes of Paraguay and Bolivia outweighs two recent negative outlooks on its B2/B+ ratings. The Central American sovereign has authorization to issue up to $750m, and analysts say Honduras is turning to the DCM to cover a widening deficit and to supplement loss of...
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