September 10, 2020 |
Banco Latinoamericano de Comercio Exterior, or Bladex, sold on Wednesday $400 million worth of five-year dollar-denominated bonds, with orderbooks peaking at $1.6 billion, according to a source involved in the deal.
The company priced the 2025 bonds at 99.518 with a coupon of 2.375% to yield 2.478%, or 220 basis points over US Treasury notes, the source said.
With Bank of America, Mizuho, and SMBC at the lead, the bank opened the initial price talk in the mid-to-high 200 basis points over US Tr
Panama City-based trade finance bank sells $400 mln worth of debt