IIC issues eurobond

IIC issues eurobond

Caribbean Europe Bonds

The Inter-American Investment Corporation (IIC) said it sold last week a $500m Reg S three-year floating rate note as part of its euro medium term note (EMTN) program.The Aa1/AA/AAA rated bond priced at par with a coupon of 30bp over three-month Libor, the IIC said. The oversubscribed order book included 23 different investors, which allowed the multilateral lender to price the deal on the tighter end of early price guidance, it said.Citi, Deutsche Bank, Goldman Sachs and JPMorgan were joint boo

Already have an account?

Free trial

Take a free two-week trial now for the latest news, data and market analysis.

Free Trial