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Published on 10/29/2010 in the Prospect News Emerging Markets Daily.

New Issue: Albania's €300 million 7½% bonds due 2015 priced to yield 7 5/8%

By Christine Van Dusen

Atlanta, Oct. 29 - Albania's €300 million offering of 7½% bonds due Nov. 4, 2015 were priced to yield 7 5/8%, a market source said.

As previously reported, the bonds were priced at 99.496 on Thursday.

Deutsche Bank and JPMorgan were the bookrunners for the Regulation S-only deal, which was talked to yield 7½%.

Issuer:Albania
Amount:€300 million
Maturity:Nov. 4, 2015
Description:Bonds
Bookrunners:Deutsche Bank, JPMorgan
Coupon:7½%
Price:99.496
Yield:7 5/8%
Trade date:Oct. 28
Settlement date:Nov. 4
Distribution:Regulation S only
Price talk:7½%

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