Banco Continental issues sustainability bonds

Banco Continental issues sustainability bonds

Bonds Debt Capital Markets Fixed Income Paraguay Corporate & Sovereign Strategy

Paraguayan lender Banco Continental sold $300 million worth of five-year sustainable bonds, pricing the 2025 notes at par to yield 2.75%, according to a source involved in the deal. With JPMorgan and Santander as joint bookrunners, the Asunción-based bank opened the initial price talk in the low 3% area before it set guidance at 2.875%, plus or minus 0.125%, and launched the deal at 2.75%, the source said. Banco Continental and the bookrunners held meetings with investors from Monday to Wednesda

Already have an account?

Free trial

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

Free Trial