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News for hatan woman
30 May 2015
Sri Lanka marketing 10-yr dollar bond to yield 6.375%
The Democratic Socialist Republic of Sri Lanka is marketing 10-year US dollar bonds to yield around 6.375%.
Citigroup, Deutsche Bank, HSBC and Standard Chartered are arranging
the offering, which is expected to raise at least $500 million.
The island nation last issued offshore bonds in April last year, pricing a $500 million five-year bond to yield 5.125%.
Sri Lanka is rated B1/B+/BB- (Moodys/S&P/Fitch). (Reporting By Steve Garton)