Uruguay Sets Japan Meetings

Uruguay Sets Japan Meetings

Bonds Corporate & Sovereign Strategy Asia Uruguay

Uruguay plans to hold a group presentation for Japanese investors May 19 and expects to hold individual meetings following it, according to a government official. The sovereign had indicated plans for a Samurai transaction earlier this year, though the official declines to state any specific expectations for a deal. DCM bankers expect a deal in line with other recent LatAm Samurai bonds – in the neighborhood of JPY40bn ($480m), guaranteed by JBIC, 10 year maturity, and paying perhaps yen Libor+

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