Panama to Exchange $478m in Bonds

Panama to Exchange $478m in Bonds

Panama

Panama plans to issue $477.7m in 2029 bonds to holders of its 2011 and 2012 notes, following an exchange that expired Wednesday. It accepted $262.3m worth of the 9.625% 2011s at a repurchase price of 115.432 (T+170bp). The sovereign also agreed to re

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