Paraguayan Bank Prices Bond Retry

Paraguayan Bank Prices Bond Retry

Bonds Paraguay

Banco Continental Paraguay has priced a $200m bond, mirroring the terms it got in an initial attempt to complete an international sale in June. The bank's debut, and the second-ever issuance from a Paraguayan borrower, drew more than $550m in orders. The Ba3/BB minus 2017 priced at par with an 8.875% coupon to give a yield in line with 8.875%-area guidance that followed low 9.000% whispers. Investors comfortable with the zip code drawn in by the attractive yield and scarcity value. The bank pric

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