Globalvia tightens price on 2030 amortizer

Globalvia tightens price on 2030 amortizer

Central America Costa Rica Bonds

Globalvia has raised $300m in 7.375% 2030 amortizing bonds on Wednesday after sole lead Citi priced the paper on the tighter side of guidance. The US bank set initial price talk in the 7% to 8% area on Tuesday night and set guidance at 7.5%, plus or minus 12.5bp on Wednesday. Citi priced the paper just above par to yield 7.376%, debt capital markets sources away from the deal said. The bonds hold an 8.9-year weighted average life. Citi declined to comment on Wednesday.The senior secured paper co

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