Investors pile into Minsur bond

Feb 3, 2014

Peruvian tin producer Minsur sold a $450m bond on Friday in a deal that saw significant interest from regional investors. The bond yielded 6.5%, equivalent to 383bp over US Treasuries. The Baa3/BBB-/BBB- rated 10-year note carries a 6.25% coupon and was priced at 98.183. Lead managers Bank of America Merrill Lynch, JPMorgan and Scotiabank took $4bn...

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


Already have an account?

Subscribe

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

Subscribe

Free trial

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

Free Trial

LatinFinance Events

Poll

Are populist governments like Venezuela & Argentina turning pragmatic?

Vote