Bermuda to Visit Investors

Bermuda to Visit Investors

Caribbean Bonds

Bermuda is planning a roadshow this week ahead of a possible cross-border bond sale, according to people following the process. Escorted by Barclays and JPMorgan, the Aa3/AA minus/AA minus sovereign starts fixed-income meetings in New York Wednesday, and moves through Boston and Los Angeles Thursday and Friday, before wrapping up in London the following Monday. A 144a/RegS transaction may follow, market conditions permitting. With a $2.5bn debt ceiling and $1.6bn outstanding debt, Bermuda needs

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