Parana Brings 2012 at Wide End

Parana Brings 2012 at Wide End

Parana Banco has closed what appears to be the last cross-border bond of the year, selling $100m in 2012 bonds at the wide end of expectations. The B+ rated Reg S notes priced at 99.015 with a 7.375% coupon, to yield 7.750%. The yield was on the high

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