Bank Reveals Yield Target

Bank Reveals Yield Target

Guatemala Bonds

Banco de los Trabajadores (Bantrab) is looking at a yield in the low-9% range for a new $150m 2020 bond expected to price Wednesday, according to people following the transaction. The Ba3/BB Guatemalan lender completed a European, North American and Central American roadshow last week. Bantrab is seeking funds to refinance debt and support its growth efforts. Deutsche Bank and BCP Securities are managing the deal, done through a Cayman Islands SPV. When assigning its rating, Fitch cites improved

Already have an account?

Free trial

Take a free two-week trial now for the latest news, data and market analysis.

Free Trial