Barbados Targets New 2025, Tender

Barbados Targets New 2025, Tender

Barbados Bonds

Barbados is readying fixed-income investor meetings ahead of a sale of new 2025 bonds to fund a cash tender. Starting Wednesday in London, the sovereign will meet accounts in New York, Boston and Los Angeles, finishing September 30, according to people following the process. Deutsche Bank and CIBC are managing. In the tender, Barbados says it is targeting up to $250m of its 7.25% 2021 bonds and 7.00% 2022s. Accepting holders of the 2021 notes will receive $980 per $1,000 principal, while 2022 ho

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