June 18, 2020 |
Honduras returned to the cross-border bond market after three years on Wednesday, selling $600 million worth of 10-year bonds for the state-owned power company to pay off debt, according to a document seen by LatinFinance.
The 2030 notes priced at par with a coupon of 5.625%, the document said. The bookrunners on the sale were Oppenheimer and Banco Atlántida, according to press reports.
Initial price talk was set in the 6.25% area. Guidance was set at 5.75%, and the deal launched at 5.625%. Stat
Central American nation raises $600 mln for state-owned power company ENEE to pay off debt