Continental Paraguay Reattempts Bond

Continental Paraguay Reattempts Bond

Bonds Paraguay

After seeing a successful sale derailed by a presidential impeachment in June, Banco Continental Paraguay is planning another try for an international bond. The Ba3/BBB minus lender has scheduled investor meetings starting Monday in Chile, and visiting Los Angeles and New York before finishing in Switzerland October 11. A 5-year dollar bond transaction could follow, according to sources familiar with the plans, targeting a yield in the low 9% range. Bank of America Merrill Lynch is managing. Con

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