Investors pile into Minsur bond
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...
Already have an account?
Subscribe now for unlimited access to all current and archive news, data and market analysis.
Take a free two-week trial now for the latest news, data and market analysis.