Upsized Progreso Bond Trades Up

Oct 30, 2013

Guatemala’s Cementos Progreso generated $2.2bn in orders for its $350m international bond debut, upsizing by $50m and tightening down yield while still seeing an aftermarket pop. The 2023 NC5 senior unsecured bond priced at 98.253 with a 7.125% coupon to yield 7.375%, at the tight...

To continue reading please take a free trial, subscribe or login below.

Already have an account?


Subscribe now for unlimited access to all current and archive news, data and market analysis. 


Free trial

Take a free two-week trial now for the latest news, data and market analysis.

Free Trial

Upcoming Events


Where will capital markets be busiest in 2017?