Bahamas talks pricing for dollar bonds

Bahamas talks pricing for dollar bonds

Bonds Debt Capital Markets Corporate & Sovereign Strategy Fixed Income Bahamas Caribbean

Bahamas opened the initial price talk for an upcoming bond sale at 9.25% after talking to investors for two days, planning to price new 12-year notes on Thursday, said a source involved in the deal. Faced with a budget deficit of $1.3 billion, Bahamas hired Credit Suisse and RBC to lead a bond sale and start making calls to investors on Monday. According to a budget review by PwC in June, Bahamas' debt levels will likely reach 82.8% of GDP at the end of the fiscal year for 2020-2021, up from an

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