Honduras Widens, Waits

Honduras Widens, Waits

Honduras Bonds

Honduras has widened price talk for its new cross-border bond and lost a bookrunner following the revelation of a $205m US legal judgment against the sovereign, according to people following the transaction now seen pricing as soon as today. The B2/B+ sovereign has given 7.50% guidance, expanded from initial 7.00%-area price talk, and will seek to borrow less than the authorized $750m. Joint lead Barclays has quit the deal. Demand had topped $2bn as of Monday afternoon, the deal traded flat to h

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