Nestle Advances Ecuador ABS

Nestle Advances Ecuador ABS

Andean

Nestle’s Ecuador unit has completed the sale of 2 out of 4 series of a $75m domestic bond sale. A $20m 3-year 7.25% coupon tranche priced at 101.56 to yield 6.25%, and a $15m 5-year 7.75% tranche priced at 101.22 to yield 7.25%, according to a Nestle

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