Bahamas Upsizes 20-year Bond

Bahamas Upsizes 20-year Bond

Caribbean

The Bahamas has sold $300m in new 2029 bonds at a yield of 7.000%. The issuer, back in the market for the first time since March 2008, priced the A3/A minus bond at 99.466 with a 6.950% coupon to yield UST plus 274.8bp, or the tight end of 7.000%-7.1

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