Millicom issues benchmark bond

Millicom issues benchmark bond

Colombia Central America Caribbean Bonds

Millicom got the ball rolling for Latin American companies in the cross-border market on Wednesday, raising $500m from the sale of a 2028 non-call five-year bond.The bookrunners BNP Paribas, Goldman Sachs, JPMorgan and Scotiabank put the initial price talk in the 5.375% area on Tuesday evening and left the order books open overnight before setting guidance at 5.125% to 5.25%. The leads found little room in a crowded market to lower the pricing and launched the deal at 5.125%. The new notes

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