Barbados Hints at Pricing

Barbados Hints at Pricing

Barbados Bonds

Barbados is indicating an 8.75%-area yield target for a new 2025 bond, according to people following the process. The sovereign is scheduled to finish a roadshow today and is expected to price the bond as soon as Tuesday. Deutsche Bank and CIBC are managing. The Ba1/BB+ island nation is raising funds for a tender, expiring today, for 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 holders get $960 per $1,

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