Suriname taps investors for debut bond

Suriname taps investors for debut bond

Andean Caribbean Bonds

South American sovereign Suriname found a solid market window to issue its inaugural cross-border bond yesterday, tapping investor appetite for a $550m 2026 144A/Reg S bond. Bookrunners Oppenheimer and Scotiabank had order books oversubscribe 3x, enabling the banks to tighten yields to 9.25% and upsize the trade at launch by $50m, debt capital markets sources said. While some investors would have advocated a double digit yield, Sean Newman, a senior fixed income portfolio manager at In

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