Uruguay sets yield on global peso bond

Uruguay sets yield on global peso bond

Bonds Uruguay

Uruguay has set the yield on its 10-year global peso-denominated bonds at 8.625%, sources told LatinFinance.The country has raised the equivalent of $1.1bn in its latest cross-border deal, three months after raising $1bn from a previous global peso bond.The bookrunners Deutsche Bank, HSBC and Santander opened the initial price talk in the low 9% area, before tightening the pricing to 8.75% by guidance. The deal launched at 8.625%, level with the yield set earlier in the day."Issuing in local cur

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